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

MT Newswires Live
10/22

European equities traded in the US as American depositary receipts were tracking lower late Thursday morning, declining 0.96% to 1,894.88 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 were up 3.6% and 2.7% respectively. They were followed by consumer goods company Unilever (UL) and biopharmaceutical company DBV Technologies (DBVT), which advanced 2.7% and 0.9% respectively.

The decliners from continental Europe were led by telecommunications company Nokia (NOK) and lender Banco Santander (SAN), which fell 9.9% and 3.4%, respectively. They were followed by lenders Banco Bilbao Vizcaya Argentaria (BBVA) and ING Group (ING), which dropped 3.4% each.

The gainers from the UK were led by medical device maker Smith & Nephew (SNN) and alcoholic beverage company Diageo (DEO), which increased 3.5% and 2.9%, respectively. They were followed by pharmaceutical company AstraZeneca (AZN) and telecommunications operator Vodafone Group (VOD), which rose 2.3% and 1% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and mining company BHP Group (BHP), which decreased 5.6% and 3.7%, respectively. They were followed by lenders Lloyds Banking Group (LYG) and HSBC (HSBC), which were down 2.8% and 2.4%, respectively.

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