European Equities Traded in the US as American Depositary Receipts Trend Higher in Wednesday Trading

MT Newswires Live
Dec 11

European equities traded in the US as American depositary receipts were heading higher late Wednesday morning, rising 0.67% to 1,636.27 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 14% and 6.8%, respectively. They were followed by pharmaceutical company Novo Nordisk (NVO) and brewing company Anheuser-Busch InBev (BUD), which advanced 3.8% and 1.8%, respectively.

The decliners from continental Europe were led by biotech firm Evaxion (EVAX) and semiconductor company Sequans Communications (SQNS), which fell 3.8% and 2.1%, respectively. They were followed by internet advertising firm Criteo (CRTO) and medical device maker EDAP TMS (EDAP), which were down 1.9% each.

From the UK and Ireland, the gainers were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and lender HSBC (HSBC), which rose 33% and 4.1%, respectively. They were followed by biopharmaceutical company Bicycle Therapeutics (BCYC) and educational publisher Pearson (PSO), which were up 3.7% and 3.5%, respectively.

The decliners from the UK and Ireland were led by biotech company Trinity Biotech (TRIB) and biopharmaceutical company Amarin (AMRN), which dropped 2.5% and 1.6%, respectively. They were followed by biopharmaceutical companies NuCana (NCNA) and Akari Therapeutics (AKTX), which lost 1.2% and 0.3%, respectively.

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