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

MT Newswires Live
Oct 02

European equities traded in the US as American depositary receipts were trending lower late Thursday morning, declining 0.29% to 1,585.59 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical companies DBV Technologies (DBVT) and Genfit (GNFT), which climbed 9.7% and 3.9%, respectively. They were followed by biopharmaceutical company argenx (ARGX) and biotech firm Evaxion (EVAX), which advanced 2.5% and 1.5%, respectively.

The decliners from continental Europe were led by pharmaceutical company Novo Nordisk (NVO) and lender Banco Santander (SAN), which fell 1.6% and 1.5%, respectively. They were followed by lender ING Group (ING) and pharmaceutical company Ascendis Pharma (ASND), which dropped 1.4% each.

From the UK and Ireland, the gainers were led by biopharmaceutical companies Adaptimmune Therapeutics (ADAP) and Biodexa Pharmaceuticals (BDRX), which rose 6% and 3.7%, respectively. They were followed by biotech firm Trinity Biotech (TRIB) and biopharmaceutical company Bicycle (BCYC), which were up 3% and 1.2%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies Akari Therapeutics (AKTX) and Mereo BioPharma Group (MREO), which lost 3.5% and 3.4%, respectively. They were followed by insurance company Prudential (PUK) and communications company WPP (WPP), which were off 3.2% and 2.7%, respectively.

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