European equities traded in the US as American depositary receipts were sharply lower late Thursday morning, falling 1.42% to 1,882.25 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by consumer goods firm Unilever (UL) and petroleum refiner Equinor (EQNR), which rose 2.6% and 2.3% respectively. They were followed by brewing firm Anheuser-Busch InBev (BUD) and software firm SAP (SAP), which were up 2% and 0.6% respectively.

The decliners from continental Europe were led by telecommunications company Nokia (NOK) and biotech firm Evaxion (EVAX), which fell 9.1% and 6.4% respectively. They were followed by telecommunications company Ericsson (ERIC) and semiconductor company Sequans Communications (SQNS), which were down 5.2% and 2.6% respectively.

The gainers from the UK were led by alcoholic beverage company Diageo (DEO) and utilities firm National Grid (NGG), which rose 3.8% and 2.3% respectively. They were followed by British American Tobacco (BTI) and pharmaceutical company AstraZeneca (AZN), which were up 2% and 1.5% respectively.

The decliners from the UK and Ireland were led by Trinity Biotech (TRIB) and Akari Therapeutics, (AKTX), which shed 13% each. They were followed by NuCana (NCNA) and Biodexa Pharmaceuticals (BDRX), which lost 12% and 11% respectively.