European equities traded in the US as American depositary receipts were down sharply late Thursday morning, as the S&P Europe Select ADR Index dropped 0.5% to 1,711.73.

From continental Europe, the gainers were led by petroleum refiner Equinor (EQNR) and oil and gas company Eni (E), which climbed 8.5% and 3.2% respectively. They were followed by pharmaceutical company Sanofi (SNY) and software firm SAP (SAP), which advanced 2.4% and 0.7% respectively.

The decliners from continental Europe were led by lender Banco Santander (SAN) and biopharmaceutical company Grifols (GRFS), which dropped 2.8% and 3.1% respectively. They were followed by telecommunications company Nokia (NOK) and biotech firm BioNTech (BNTX), which were down 2% and 1.5% respectively.

The gainers from the UK were led by oil and gas company BP (BP) and biopharmaceutical company Amarin (AMRN), which rose 4.3% and 1.3% respectively. They were followed by biotech company Trinity Biotech (TRIB) and cruise line operator Carnival (CUK), which were up 0.9% and 0.6% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies Biodexa Pharmaceuticals (BDRX) and NuCana (NCNA), which fell 9.8% and 3.5% respectively. They were followed by biopharmaceutical company Akari Therapeutics (AKTX) and pharmaceutical company Silence Therapeutics (SLN), which were down 14% and 2.7% respectively.