Asian ADRs Move Reduced in Monday Trading

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American depository receipts of Asian stocks were trading 0.76%.
reduced at 128.79 on the Financial institution of New York Mellon Asia ADR Index on.
Monday.

In North Asia, the gainers were led by Shanghai- based steel.
business Ossen Technology (.
OSN.

), which is rising 6.3%, complied with by photovoltaic panel producer.
Yingli Environment-friendly Power (.
YGE.

), which is moving 5.2% greater. Chinese internet and also information center.
service provider 21Vianet (.
VNET.

) is up 4.6%, while solar power business Hanwha Q Cells (.
HQCL.

) has actually gained 4.5%.

In South Asia, the gainers were led by direct-to-home video clip.
company Videocond2h (.
VDTH.

), and also Indian pharmaceutical company Dr. Reddy’s Laboratories,.
which are up 2% each. IT company SIFY (SIFY) is rising 0.9%, while.
Indonesian telco Telekomunikasi Indonesia (TLK) bordered 0.30%.
higher.

Leading the decliners in North Asia is airline operator China.
Southern Airlines (ZNH), which has lost 5.1%, adhered to by Chinese.
advertising business Airmedia (AMCN), which is falling 3.4%.
Japanese monetary services solid Mitsubishi UFJ Financial (MTU) is.
down 2.5%, while investment holding business China Unicom (CHU) is.
off 2.3%.

The decliners in South Asia are led by Indian natural resources.
company Vedanta (VEDL), which has fallen 1.6%, complied with by ICICI.
Bank (IBN), which is down 1.5%. ADRs of Indian car.
supplier Tata Motors (TTM) are off 1.3%, while HDFC Bank is.
shedding 1.2%.

The views as well as point of views revealed here are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc

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