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Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Thursday Trading

Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Thursday Trading

MT newswireMT newswire2026/11/05 14:58
10:58 AM EST, 11/05/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were sharply lower Thursday morning, declining 1.43% to 2,826.01 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by automotive company Honda Motor (HMC) and mobile big data platform Aurora Mobile (JG), which rose 3.5% and 3.3% respectively. They were followed by e-commerce and technology company JD.com (JD) and pharmaceutical company Takeda Pharmaceutical (TAK), which were up 2.9% and 2.8% respectively. The decliners from North Asia were led by semiconductor companies Himax Technologies (HIMX) and ASE Technology (ASX), which tumbled 25% and 13% respectively. They were followed by semiconductor company Silicon Motion Technology (SIMO) and used car marketplace Uxin (UXIN), which lost 10% and 5.9% respectively. From South Asia, the gainers were led by lender ICICI Bank (IBN) and IT firm Infosys (INFY), which advanced 2.9% and 2.3% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Wipro (WIT), which increased 1.7% and 1.2% respectively. The decliners from South Asia were led by computer hardware maker Canaan (CAN) and tech conglomerate Sea (SE), which dropped 9.2% and 6.1% respectively. They were followed by IT firm Sify Technologies (SIFY) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which fell 1.2% and 0.5% respectively.
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