European Equities Traded in the US as ADRs Fall in Friday Trading

MT Newswires Live
Sep 12

European equities traded in the US as American depositary receipts fell late Friday morning with the S&P Europe Select ADR Index declining 0.5% to 1,533.9.

From continental Europe, the decliners were led by biotech firm BioNTech (BNTX) and biopharmaceutical company DBV Technologies (DBVT), which fell 3.7% and 2.2% respectively. They were followed by telecommunications company Nokia (NOK) and Royal Philips (PHG), which were down 2.1% and 1.5% respectively.

The gainers from continental Europe were led by biopharmaceutical company Cellectis (CLLS) and furniture maker Natuzzi (NTZ), which rose 3.9% and 3.6% respectively. They were followed by biopharmaceutical company Genfit (GNFT) and pharmaceutical company Novo Nordisk (NVO), which were up 1.4% and 1% respectively.

From the UK and Ireland, the decliners were led by biopharmaceutical company Akari Therapeutics (AKTX) and software firm Endava (DAVA), which dropped 2.4% and 1.8% respectively. They were followed by medical device maker Smith & Nephew (SNN) and cruise line operator Carnival (CUK), which lost 1.3% and 1.2% respectively.

The gainers from the UK and Ireland were led by biopharmaceutical companies NuCana (NCNA) and Adaptimmune Therapeutics (ADAP), which advanced 11% and 6.1% respectively. They were followed by biotech company Autolus Therapeutics (AUTL) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which increased 1.4% and 1.2% respectively.

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