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

MT Newswires Live
Oct 21

European equities traded in the US as American depositary receipts were down late Tuesday morning, declining 0.2% to 1,586.32 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by telecommunications company Ericsson (ERIC) and pharmaceutical company Sanofi, which rose 1.3% and 0.6% respectively. They were followed by petroleum refiner Equinor (EQNR) and accommodations booking site trivago (TRVG), which were up 0.4% and 0.3% respectively.

The decliners from continental Europe were led by biopharmaceutical company Cellectis (CLLS) and biotech firm Evaxion (EVAX), which fell 7% and 6% respectively. They were followed by semiconductor company Sequans Communications (SQNS) and pharmaceutical company Ascendis Pharma (ASND), which were down 3.5% and 3.3% respectively.

From the UK and Ireland, the gainers were led by software firm Endava (DAVA) and cruise line operator Carnival (CUK), which advanced 4.3% and 2.4% respectively. They were followed by educational publisher Pearson (PSO) and lender HSBC (HSBC), which increased 1.6% and 1.4% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies Adaptimmune Therapeutics (ADAP) and NuCana (NCNA), which tumbled 22% and 10% respectively. They were followed by biotech firms Autolus Therapeutics (AUTL) and Trinity Biotech (TRIB), which dropped more than 4% and 3% respectively.

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