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

MT Newswires Live
13 May

European equities traded in the US as American depositary receipts were heading lower late Tuesday morning, declining 0.27% to 1,415.23 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical company DBV Technologies (DBVT) and biotech firm Evaxion Biotech (EVAX), which climbed 5.9% and 3.4% respectively. They were followed by pharmaceutical company Ascendis Pharma (ASND) and internet advertising firm Criteo (CRTO), which advanced 2% and 1.4% respectively.

The decliners from continental Europe were led by biopharmaceutical company Cellectis (CLLS) and pharmaceutical company Novo Nordisk (NVO), which dropped 5.3% and 3.3% respectively. They were followed by biopharmaceutical company argenx (ARGX) and semiconductor company Sequans Communications (SQNS), which lost 2.6% and 2.5%, respectively.

From the UK and Ireland, the gainers were led by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which rose 3.3% and 2.5% respectively. They were followed by biotech firm Trinity Biotech (TRIB) and financial services company Lloyds Banking Group (LYG), which were up 2.2% and 1.6% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company NuCana (NCNA) and biotech firm Autolus Therapeutics (AUTL), which fell 13% and 7.4% respectively. They were followed by biopharmaceutical companies Mereo BioPharma Group plc (MREO) and Bicycle Therapeutics (BCYC), which were down 7.6% and 5.1% respectively.

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