European equities traded in the US as American depositary receipts are tracking higher late Wednesday morning, rising 0.44% to 1,753.15 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical company Grifols (GRFS) and semiconductor company Sequans Communications (SQNS), which advanced 5.2% and 5.1%, respectively. They were followed by telecommunications operator Telefonica (TEF) and petroleum refiner Equinor (EQNR), which increased 2.8% and 1.5%, respectively.

The decliners from continental Europe were led by biopharmaceutical company Cellectis (CLLS) and 3D printer company Materialise (MTLS), which lost 4.9% and 1.3%, respectively. They were followed by internet browser company Opera (OPRA) and software firm SAP (SAP), which were down 1.1% and 1%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Mereo BioPharma Group (MREO) and software firm Endava (DAVA), which rose 9.3% and 4.8%, respectively. They were followed by pharmaceutical company Silence Therapeutics (SLN) and mining company BHP Group (BHP), which were up 2.9% and 2.3%, respectively.

The decliners from the UK and Ireland were led by educational publisher Pearson (PSO) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which fell 7.8% and 4%, respectively. They were followed by biopharmaceutical company NuCana (NCNA) and biotech firm Trinity Biotech (TRIB), which dropped 3.4% and 2.1%, respectively.