European Equities Traded in the US as American Depositary Receipts Rise in Thursday Trading

MT Newswires Live
2024/09/26

European equities traded in the US as American depositary receipts were trending higher late Thursday morning, rising 0.49% to 1,443.68 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical company Genfit (GNFT) and financial services company Banco Bilbao Vizcaya Argentaria (BBVA), which rose 4.7% and 3.1%, respectively. They were followed by brewing company Anheuser-Busch InBev (BUD) and financial services company Banco Santander (SAN), which were up 2.9% and 2.7%, respectively.

The decliners from continental Europe were led by internet advertising firm Criteo (CRTO) and semiconductor company Sequans Communications (SQNS), which dropped 7.7% and 2.7%, respectively. They were followed by petroleum refiner Equinor (EQNR) and oil and gas company Eni (E), which lost 2.6% and 2.3%, respectively.

From the UK and Ireland, the gainers were led by insurance firm Prudential (PUK) and alcoholic beverage company Diageo (DEO), which advanced 7.4% and 5%, respectively. They were followed by mining company BHP Group (BHP) and cruise line operator Carnival (CUK), which increased 4% and 3.8%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies NuCana (NCNA) and Akari Therapeutics (AKTX), which shed 6.9% and 6.8%, respectively. They were followed by biopharmaceutical companies Biodexa Pharmaceuticals (BDRX) and TC Biopharm (TCBP), which fell 6.7% and 5.3%, respectively.

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