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

MT Newswires Live
03-17

European equities traded in the US as American depositary receipts kicked off the week higher late Monday morning, rising 1.12% to 1,433.84 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by pharmaceutical company Ascendis Pharma (ASND) and medical device maker EDAP TMS (EDAP), which climbed 7.6% and 6%, respectively. They were followed by pharmaceutical company Novo Nordisk (NVO) and semiconductor company Sequans Communications (SQNS), which rose 3.3% and 2.9%, respectively.

The decliners from continental Europe were led by biopharmaceutical company Cellectis (CLLS) and internet advertising firm Criteo (CRTO), which dropped 2.8% and 1.8%, respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT) and accommodations booking site trivago (TRVG), which were down 1.7% and 0.5%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Verona Pharma (VRNA) and cruise line operator Carnival (CUK), which advanced 5.9% and 3.1%, respectively. They were followed by software firm Endava (DAVA) and insurance company Prudential (PUK), which were up 3.2% and 1.9%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Bicycle Therapeutics (BCYC) and biotech firm Trinity Biotech (TRIB), which lost 5.9% and 4.1%, respectively. They were followed by biopharmaceutical companies Amarin (AMRN) and Akari Therapeutics (AKTX), which fell 2.7% and 1.8%, respectively.

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