Hi,
moomoo ID:NaN
Log Out
English
Back
Log in to access Online Inquiry

Asian ADRs Nudge Higher in Wednesday Trading

MT Newswires ·  {{timeTz}}

10:34 AM EDT, 09/28/2022 (MT Newswires) -- American depositary receipts of Asian stocks were trading 0.086% higher at 1,332.40 on the S&P/BNY Mellon Asia 50 ADR Index on Wednesday.

In North Asia, the gainers were led by fintech company Pintec Technology (PT) and wealth management firm Puyi Inc. (PUYI), which climbed 9% and 2.8% respectively. They were followed by financial product recommendation platform Jianpu Technology Inc. (JT) and automotive ecommerce platform TuanChe Limited (TC), which rose 2.3% and 2% respectively.

The decliners in North Asia were led by educational services providers China Online Education Group (COE) and Tarena International, Inc. (TEDU), which fell 4.7% and 4.5% respectively. They were followed by electric utility company Korea Electric Power Corporation (KEP) and video-sharing site iQIYI, Inc. (IQ), which dropped 4.4% and 4.3% respectively.

In South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and biotech firm ASLAN Pharmaceuticals (ASLN), which rose 2.3% and 1.6% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Infosys (INFY), which were up 1.5% and 1% respectively.

The decliners in South Asia were led by IT firm Sify Technologies (SIFY) and telecommunications operator PLDT Inc. (PHI), which lost 1.7% and 1.1% respectively. They were followed by digital entertainment firm Sea Limited (SE) and financial services company HDFC Bank (HDB), which were off 0.4% and 0.3% respectively.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.