European Equities Traded in the US as American Depositary Receipts Rise in Friday Trading, Down 3% for Week

MT Newswires Live
Nov 22

Asian equities traded in the US as American depositary receipts were tracking higher Friday morning, rising 0.65% to 1,561.36 on the S&P Europe Select ADR Index, which is down close to 3% for the week.

From continental Europe, the gainers were led by brewing company Anheuser-Busch InBev (BUD) and telecommunications operator Telefonica (TEF), which rose 2.8% and 2.6%, respectively. They were followed by 3D printer company Materialise (MTLS) and consumer goods giant Unilever (UL), which advanced 2.4% and 1.6%, respectively.

The decliners from continental Europe were led by biotech firm Evaxion (EVAX) and Sequans Communications (SQNS), which fell 6.7% and 4.8%, respectively. They were followed by biopharmaceutical company Cellectis (CLLS) and internet browser company Opera (OPRA), which were down 2.9% and 2.1%, respectively.

From UK and Ireland, the gainers were led by alcoholic beverage company Diageo (DEO) and hospitality company InterContinental Hotels Group (IHG), which advanced 3.6% and 2.3%, respectively. They were followed by educational publisher Pearson (PSO) and tobacco company British American Tobacco (BTI), which increased 1.9% and 1.7%, respectively.

The decliners from UK and Ireland were led by biopharmaceutical company NuCana (NCNA) and pharmaceutical company Silence Therapeutics (SLN), which dropped 4.2% and 2.5%, respectively. They were followed by biopharmaceutical company Bicycle Therapeutics (BCYC) and biotech firm Autolus Therapeutics (AUTL), which lost 1.9% and 1.6%, respectively.

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