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

MT Newswires Live
02-25

European equities traded in the US as American depositary receipts started the week modestly higher late Monday morning, rising 0.28% to 1,406.36 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by accommodations booking site trivago (TRVG) and financial services company Banco Santander (SAN), which rose 3.9% and 2.2% respectively. They were followed by financial services company Banco Bilbao Vizcaya Argentaria (BBVA), which was up 0.4%.

The decliners from continental Europe were led by internet browser company Opera (OPRA) and biopharmaceutical company DBV Technologies (DBVT), which dropped 67.6% and 6.6% respectively. They were followed by 3D printer company Materialise (MTLS) and biotech firm Evaxion Biotech (EVAX), which lost 3.4% and 3.2% respectively.

From the UK and Ireland, the gainers were led by telecommunications operator Vodafone Group (VOD) and utilities company National Grid (NGG), which advanced 3.5% and 1.6% respectively. They were followed by pharmaceutical company GSK (GSK) and cruise line operator Carnival (CUK), which increased 1.8% and 1.5% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies NuCana (NCNA) and TC Biopharm (TCBP), which fell 7.1% and 7.2% respectively. They were followed by biopharmaceutical companies Biodexa Pharmaceuticals (BDRX) and Verona Pharma (VRNA), which were down 4.3% and 4.4% respectively.

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