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

MT Newswires Live
7 hours ago

European equities traded in the US as American depositary receipts were higher late Tuesday morning, rising 0.58% to 1,633.19 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by semiconductor company Sequans Communications (SQNS) and 3D printer firm Materialise (MTLS), which climbed 7.4% and 2.4% respectively. They were followed by lender ING Group (ING) and biopharmaceutical company argenx (ARGX), which advanced 2.1% and 1.5% respectively.

The decliners from continental Europe were led by consumer goods company Unilever (UL) and pharmaceutical company Novo Nordisk (NVO), which fell 1.5% and 1.3% respectively. They were followed by accommodations booking company trivago (TRVG) and internet advertising firm Criteo (CRTO), which were off 1% and 0.9% respectively.

From the UK and Ireland, the gainers were led by pharmaceutical company GSK (GSK) and telecommunications operator Vodafone Group (VOD), which rose 2.1% and 2.0% respectively. They were followed by lender Lloyds Banking Group (LYG), which was up 1.9%.

The decliners from the UK and Ireland were led by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company Mereo BioPharma Group (MREO), which dropped 5.3% and 2.2% respectively. They were followed by software firm Endava (DAVA) and communications company WPP (WPP), which lost 2.1% and 2% respectively.

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