European Equities Traded in the US as American Depositary Receipts Begin Week Higher in Monday Trading

MT Newswires Live
Aug 04

European equities traded in the US as American depositary receipts were trending higher late Monday morning, rising 0.76% to 1,450.21 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by furniture manufacturer Natuzzi (NTZ) and accommodations booking company trivago (TRVG), which advanced 23% and 10%, respectively. They were followed by biopharmaceutical companies DBV Technologies (DBVT) and Cellectis (CLLS), which were up 3.4% and 2.7%, respectively.

The only decliners from continental Europe were petroleum refiner Equinor (EQNR) and consumer goods company Unilever (UL), which were down 0.7% and 0.6%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company NuCana (NCNA) and biotech firm Trinity (TRIB), which shed 10% and 9.4%, respectively. They were followed by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and tobacco company British American Tobacco (BTI), which rose 4.9% and 2.6%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Adaptimmune Therapeutics (ADAP) and pharmaceutical company Silence Therapeutics (SLN), which dropped 7.2% and 1.8%, respectively. They were followed by biopharmaceutical company Amarin (AMRN) and communications company WPP (WPP), which fell 1.7% and 0.9%, respectively.

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