European Equities Traded in the US as American Depositary Receipts Decline in Friday Trading

MT Newswires Live

Feb 01

European equities traded in the US as American depositary receipts were lower late Friday morning, declining 0.22% to 1,373.53 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by accommodations booking company trivago (TRVG) and pharmaceutical company Ascendis Pharma (ASND), which rose 3.3% and 2.9% respectively.

The decliners from continental Europe were led by telecommunications company Ericsson (ERIC) and biotech firm Evaxion Biotech (EVAX), which lost 2.1% and 2% respectively. They were followed by Banco Santander (SAN), which fell 1.6%.

From the UK and Ireland, the gainers were led by biopharmaceutical companies TC Biopharm (TCBP) and Bicycle Therapeutics (BCYC), which advanced 6.2% and 4.2% respectively. They were followed by biopharmaceutical company Mereo BioPharma Group (MREO) and biotech firm Autolus Therapeutics (AUTL), which rose 3.6% and 2.1% respectively.

The decliners from the UK and Ireland included biopharmaceutical company Adaptimmune Therapeutics (ADAP) cruise line operator Carnival (CUK), which lost 1.3% and 1.0% respectively.

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