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

MT Newswires Live
Oct 16

European equities traded in the US as American depositary receipts were trending higher late Thursday morning, rising 0.80% to 1,586.74 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical companies DBV Technologies (DBVT) and Cellectis (CLLS), which climbed 11% and 8.8%, respectively. They were followed by pharmaceutical company Sanofi (SNY) and telecommunications company Nokia (NOK), which advanced 2.4% and 2.3%, respectively.

The decliners from continental Europe were led by medical device maker EDAP TMS (EDAP) and biotech firm Evaxion (EVAX), which fell 5% and 2.5%, respectively. They were followed by semiconductor company Sequans Communications (SQNS) and biopharmaceutical company Genfit (GNFT), which lost 1.6% and 0.7%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical companies Adaptimmune Therapeutics (ADAP) and Biodexa Pharmaceuticals (BDRX), which surged 27% and 6.7%, respectively. They were followed by biopharmaceutical company Bicycle Therapeutics (BCYC) and alcoholic beverage company Diageo (DEO), which was up 5.2% and 3.2%, respectively.

The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and software company Endava (DAVA), which dropped 4.1% and 2%, respectively. They were followed by insurance company Prudential (PUK) and biotech firm Autolus Therapeutics (AUTL), which were down 1% and 0.6%, respectively.

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