European Equities Traded in the US as American Depositary Receipts Lower in Friday Trading; Gain 1.6% for Week

MT Newswires Live
07-25

European equities traded in the US as American depositary receipts were lower late Friday morning, declining 0.40% to 1,494.86 on the S&P Europe Select ADR Index, which is up 1.6% for the week.

From continental Europe, the gainers were led by biopharmaceutical companies Cellectis (CLLS) and DBV Technologies (DBVT), which advanced 27% and 3.3%, respectively. They were followed by medical device maker EDAP (EDAP) and biopharmaceutical company Grifols (GRFS), which increased 2.1% and 1.3%, respectively.

The decliners from continental Europe were led by semiconductor company Sequans Communications (SQNS) and biotech firm Evaxion (EVAX), which fell 4.7% and 4.1%, respectively. They were followed by petroleum refiner Equinor (EQNR) and accommodations booking company trivago (TRVG), which dropped 1.2% and 1%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Adaptimmune Therapeutics (ADAP) and pharmaceutical company Silence Therapeutics (SLN), which rose 4.8% and 2.3%, respectively. They were followed by biopharmaceutical company Mereo BioPharma Group (MREO) and financial services company Lloyds Banking Group (LYG), which were up 1.7% and 1.5%, respectively.

The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and mining company BHP Group (BHP), which were down 4% and 1.8%, respectively. They were followed by pharmaceutical company GSK (GSK) and telecommunications operator Vodafone Group (VOD), which lost 1.7% each.

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