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

MT Newswires Live
Sep 18

European equities traded in the US as American depositary receipts were tracking higher Thursday morning, rising 0.71% to 1,554.06 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by semiconductor company Sequans Communications (SQNS) and pharmaceutical company Novo Nordisk (NVO), which climbed 8.3% and 6.6%, respectively. They were followed by 3D printer company Materialise (MTLS) and biopharmaceutical company Cellectis (CLLS), which advanced 4.5% and 4.1%, respectively.

The decliners from continental Europe were led by biopharmaceutical company DBV Technologies (DBVT) and telecommunications operator Telefonica (TEF), which fell 1.4% and 1.2%, respectively. They were followed by financial services company ING Group (ING) and petroleum refiner Equinor (EQNR), which were off 0.6% and 0.4%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical companies Adaptimmune Therapeutics (ADAP) and Akari Therapeutics (AKTX), which rose 14% and 9%, respectively. They were followed by biotech firm Autolus Therapeutics (AUTL) and biopharmaceutical company NuCana (NCNA), which were up 5.9% and 3.7%, respectively.

The decliners from the UK and Ireland were led by pharmaceutical company AstraZeneca (AZN) and tobacco company British American Tobacco (BTI), which dropped 1.9% and 1.8%, respectively. They were followed by telecommunications operator Vodafone Group (VOD) and mining company BHP Group (BHP), which were down 1.7% and 1.4%, respectively.

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