European equities traded in the US as American depositary receipts were edging up on Wednesday morning, up nearly 0.1% to 1,466.83 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by steel producer ArcelorMittal (MT) and bank Banco Bilbao Vizcaya Argentaria (BBVA), which rose 2.3% and 1.6% respectively.

They were followed by bank Banco Santander (SAN), up 1.2%.

The decliners from continental Europe were led by clinical-stage biotechnology firm Abivax (ABVX) and biotech company BioNTech (BNTX), which were shedding 2.2% and 0.1%, respectively.

From the UK and Ireland, the gainers were led by biotech companies Bicycle Therapeutics (BCYC) and Centessa Pharmaceuticals (CNTA), which were rising about 4% and 3.3%, respectively.

They were followed by biotech Autolus Therapeutics (AUTL), up 3%.

The decliners from the UK and Ireland were led by biotech Akari Therapeutics (AKTX) and energy giant BP (BP), which lost 5.1% and 1.6%, respectively.