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

MT Newswires Live
2024-10-21

European equities traded in the US as American depositary receipts were moving lower late Monday morning, declining 0.78% to 1,400.63 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by telecommunications company VEON (VEON) and petroleum refiner Equinor (EQNR), which rose 1.7% and 1% respectively. They were followed by telecommunications company Nokia (NOK) and oil and gas company Eni (E), which were up 0.5% each.

The decliners from continental Europe were led by semiconductor company Sequans Communications (SQNS) and medical device maker EDAP TMS (EDAP), which dropped 6.1% and 3.3% respectively. They were followed by financial services company Banco Bilbao Vizcaya Argentaria (BBVA) and biotech firm BioNTech (BNTX), which lost 2.7% and 1.9% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and oil and gas company BP (BP), which increased 1.2% and 0.8% respectively. They were followed by oil and gas company Shell (SHEL) and biopharmaceutical company Verona Pharma (VRNA), which rose 0.2% and 0.3% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company TC Biopharm (TCBP) and biotech firm Autolus Therapeutics (AUTL), which fell 13% and 6.4% respectively. They were followed by biopharmaceutical company Akari Therapeutics (AKTX) and biotech firm Trinity Biotech (TRIB), which were down 6.3% and 2.9% respectively.

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