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

MT Newswires Live
Aug 26

European equities traded in the US as American depositary receipts were lower late Tuesday morning, declining 0.3% to 1,524.80 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by medical device maker EDAP TMS (EDAP) and biopharmaceutical company argenx (ARGX), which advanced 6.4% and 3.2% respectively. They were followed by internet advertising firm Criteo (CRTO) and internet browser company Opera (OPRA), which were up 2.9% and 2.8% respectively.

The decliners from continental Europe were led by biotech firm Evaxion (EVAX) and pharmaceutical company Novo Nordisk (NVO), which fell 2.9% and 2.5% respectively. They were followed by oil and gas company TotalEnergies (TTE) and petroleum refiner Equinor (EQNR), which were down 1.5% and 1% respectively.

From the UK and Ireland, the gainers were led by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company NuCana (NCNA), which rose 4.7% and 2.9% respectively. They were followed by biopharmaceutical company Mereo BioPharma Group (MREO) and utilities company National Grid (NGG), which increased 0.9% and 0.8% respectively.

The decliners from the UK and Ireland were led by biotech company Trinity Biotech (TRIB), which plummeted 81%, followed by biopharmaceutical company Adaptimmune Therapeutics (ADAP), which lost 3.4%. Tobacco company British American Tobacco (BTI) and biopharmaceutical company Akari Therapeutics (AKTX) dropped 2.3% and 1.6% respectively.

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