American depository receipts of Asian stocks were trading 0.33% higher at 148.96 on the Bank of New York Mellon Asia ADR Index on Tuesday.
In North Asia, the gainers were led by aluminum producer Aluminum Corporation of China ( ACH ), and ecommerce company Alibaba Group ( BABA ), which rose 7.9% and 4.5% respectively. They were followed by China Xiniya Fashion ( XNY ), a provider of men's business casual apparel in China, up 3.6%, and e-commerce solutions company Baozun ( BZUN ), up 2.9%.
The decliners in North Asia were led by solar equipment maker SPI Energy ( SPI ), and Kingtone Wirelessinfo Solution (KONE), a provider of mobile enterprise solutions, which shed 7.8% and 5.4% respectively. They were followed by fabless semiconductor company Silicon Motion Technology (SIMO), lower 3.2%, and financial holding company Mizuho Financial (MFG), off 2.2%.
In South Asia, the gainers were led by IT services firm SIFY Technologies (SIFY), and HDFC Bank (HDB), which were up 2.1% and 1.7% respectively. They were followed by automobile manufacturer Tata Motors (TTM), up 1.6%, and Indonesian telecommunications company Telekomunikasi Indonesia (TLK), higher 1%.
Videocon d2h (VDTH), a direct-to-home video provider, was the only decliner in South Asia, falling 1.5%.
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