European equities traded in the US as American depositary receipts were slightly higher late Thursday morning, rising 0.11% to 1,641.58 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by telecommunications operator Telefonica (TEF) and oil and gas company TotalEnergies (TTE), which rose 3.9% and 2.1%, respectively. They were followed by biopharmaceutical company Grifols (GRFS) and semiconductor company Sequans Communications (SQNS), which gained 1.9% and 1.3% respectively.

The decliners from continental Europe were led by biotech companies BioNTech (BNTX) and Evaxion (EVAX), which declined 6.1% and 5% respectively. They were followed by accommodations booking company trivago (TRVG) and internet browser company Opera (OPRA), which were down 2.8% and 2.5% respectively.

From the UK and Ireland, the gainers were led by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company Amarin (AMRN), which advanced 2.4% and 1.3% respectively. They were followed by pharmaceutical company AstraZeneca (AZN) and educational publisher Pearson (PSO), which increased 1.2% and 0.9% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and biotech firm Autolus Therapeutics (AUTL), which fell 8.5% and 6.3% respectively. They were followed by communications company WPP (WPP) and biopharmaceutical company Mereo BioPharma Group (MREO), which were down 4.2% and 2.5% respectively.