European Equities Traded in the US as American Depositary Receipts Little Changed in Friday Trading

MT Newswires Live
02/28

European equities traded in the US as American depositary receipts were marginally higher late Friday rising 0.04% to 1,849.88 on the S&P Europe Select ADR Index, which is up 0.23% for the week.

From continental Europe, the gainers were led by internet browser company Opera (OPRA) and telecommunications company Ericsson (ERIC), which advanced 2.9% and 2.6% respectively. They were followed by oil and gas company Eni (E) and petroleum refiner Equinor (EQNR), which increased 2.2% and 1.8% respectively.

The decliners from continental Europe were led by lender Banco Santander (SAN) and biopharmaceutical company Grifols (GRFS), which fell 2.8% and 2.5% respectively. They were followed by 3D printer company Materialise (MTLS) and software firm SAP (SAP), which were down 2.3% and 1.9% respectively.

From the UK and Ireland, the gainers were led by alcoholic beverage company Diageo (DEO) and pharmaceutical company AstraZeneca (AZN), which rose 3% and 1.9% respectively. They were followed by oil and gas companies Shell (SHEL) and BP (BP), which were up 1.7% and 1.5% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Mereo BioPharma Group (MREO) and software firm Endava (DAVA), which dropped 5.6% and 5.5% respectively. They were followed by biopharmaceutical company Akari Therapeutics (AKTX) and cruise line operator Carnival (CUK), which lost 4.5% and 4% respectively.

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