Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading; Down 1% for Week

MT newswire2026/10/09 14:44

10:44 AM EDT, 10/09/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking higher Friday morning, rising 0.4% to 2,965.6 on the S&P Asia 50 ADR Index, which is down about 1% for the week so far. From North Asia, the gainers were led by mobile app developer Cheetah Mobile (CMCM) and automotive marketplace Token Cat (TC), which climbed 13% and 7.8% respectively. They were followed by fashion platform MOGU (MOGU) and video-sharing site Bilibili (BILI), which advanced 3% and 4.5% respectively. The decliners from North Asia were led by commercial real estate and digital security company Eason Technology (DXF) and lender Mitsubishi UFJ Financial Group (MUFG), which dropped 3% and 1.4% respectively. They were followed by lender Sumitomo Mitsui Financial Group (SMFG) and solar panel maker JinkoSolar (JKS), which lost 1.4% and 1% respectively. From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and tech conglomerate Sea (SE), which rose 6.5% and 2.8% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro (WIT), which were up 2.1% and 1.8% respectively.

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