European Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading

MT Newswires Live
02-20

European equities traded in the US as American depositary receipts were moving lower late Wednesday morning, declining 0.57% to 1,400.52 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by furniture maker Natuzzi (NTZ) and internet advertising firm Criteo (CRTO), which climbed 7.3% and 2.4% respectively. They were followed by biopharmaceutical company Grifols (GRFS) and pharmaceutical company Novo Nordisk (NVO), which increased 1.6% and 1% respectively.

The decliners from continental Europe were led by electronics conglomerate Philips (PHG) and semiconductor company Sequans Communications (SQNS), which dropped 12% and 3.1% respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT) and biotech firm BioNTech (BNTX), which lost 2.7% and 2.5% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Akari Therapeutics (AKTX) and biotech firm Autolus Therapeutics (AUTL), which rose 4.5% and 1.7% respectively. They were followed by utilities company National Grid (NGG) and oil and gas company Shell (SHEL), which were up 0.6% and 0.4% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company TC Biopharm (TCBP) and software firm Endava (DAVA), which fell 6.7% and 6.3% respectively. They were followed by construction materials supplier CRH (CRH) and insurance company Prudential (PUK), which were down 3.6% and 2.9% respectively.

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