European equities traded in the US as American depositary receipts opened the week tracking sharply lower late Monday morning, dropping 1.09% to 1,923.74 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by software firm SAP (SAP) and brewing company Anheuser-Busch InBev (BUD), which increased 3.2% and 1.8% respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT) and accommodations booking site trivago (TRVG), which were up 1.5% and 0.6% respectively.

The decliners from continental Europe were led by biopharmaceutical company Cellectis (CLLS) and telecommunications company Nokia (NOK), which shed 42% and 10% respectively. They were followed by telecommunications company Ericsson (ERIC) and lender Banco Santander (SAN), which fell 2.8% and 2.6% respectively.

The gainers from the UK were led by tobacco company British American Tobacco (BTI) and pharmaceutical company GSK (GSK), which advanced 3.5% each. They were followed by medical device maker Smith & Nephew (SNN) and software company Endava (DAVA), which rose 2.9% and 2.8% respectively.

The decliners from the UK and Ireland were led by mining company BHP Group (BHP) and lender Barclays (BCS), which lost 3.9 and 2.9% respectively. They were followed by lender Lloyds Banking Group (LYG) and utilities company National Grid (NGG), which dropped 2.1% and 2% respectively.