DR Market News Briefs

Asian ADRs Move Higher in Friday Trading


Last updated: 05/19/2017 10:31:07

10:31 AM EDT, 05/19/2017 (MT Newswires) --

In North Asia, the gainers were led by commercial wheel manufacturer China Zenix Auto International (ZX ), and Changyou.com (CYOU), which surged 8.1% and 7.4% respectively. They were followed by educational services provider New Oriental Education & Technology (EDU), higher 3.8%, and AU Optronics (AUO), a maker of thin-film-transistor liquid-crystal display panels, up 3.7%.

The decliners in North Asia were led by JMU Limited (JMU), a business-to-business online e-commerce platform provider, and solar power equipment maker SPI Energy (SPI), which fell 5.2% and 2.4% respectively. Outdoor advertising company Airmedia (AMCN), fell 2.2%, and online game publisher Gravity (GRVY) shed 1.7%.

In South Asia, the gainers were led by Indonesian telecommunications provider Telekomunikasi Indonesia (TLK), and IT firm SIFY Technologies (SIFY), which rose 6.6% and 3.8% respectively. They were followed by WNS Holdings (WNS), up 2.1%, a provider of business process management services, and Philippines telecommunications company PLDT (PHI), up 1.8%.

HDFC Bank (HDB) led the decliners in South Asia, falling 0.7%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY), and direct-to-home video provider Videocon d2h (VDTH), which dropped 0.5% and 0.2% respectively.

Price: 1.80, Change: +0.19, Percent Change: +11.97

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