American depository receipts of Asian stocks were down 0.53% to 147.25 in U.S. trading on Monday, according to the BNY Mellon Asia ADR Index.
Decliners in north Asia were led by Tarena International (TEDU), a provider of IT education services, down 4.7% followed by Japanese financial holding firm Nomura Holdings (NMR), which fell 3.9%. China Unicom (CHU), a provider of telecommunication services, followed with a 3.4% drop.
Decliners in southern Asia were led by WNS Holdings (WNS), a provider of IT and business process outsourcing services, sliding 1.1%. India-based pharmaceutical firm Dr Reddy’s Laboratories (RDY) and Indonesia-based telecom provider PT Telekomunikasi Indonesia (TLK) followed, down 0.5% and 0.2%, respectively.
In north Asia, gainers were led by Japanese telecom provider Nippon Telegraph and Telephone (NTT), up 3.8%, followed by Kyocera (KYO), a distributor of telecom equipment, up 1.7%. Chip maker Semiconductor Manufacturing International (SMI) was gaining 1.0%.
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