European Equities Traded in the US as American Depositary Receipts Plunge in Friday Trading

MT Newswires Live
04-04

European equities traded in the US as American depositary receipts were plunging late Friday morning, down 5.08% to 1,297.45 on the S&P Europe Select ADR Index, which has lost more than 6% for the week so far.

There were no gainers from continental Europe.

The decliners from continental Europe were led by financial services companies Banco Bilbao Vizcaya Argentaria (BBVA) and Banco Santander (SAN), which fell 9.4% and 9.2%, respectively. They were followed by accommodations booking company trivago (TRVG) and financial services company ING Groep (ING), which dropped 8.9% and 7.7%, respectively.

From the UK and Ireland, the lone gainer was biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which surged 14%.

The decliners from the UK and Ireland were led by pharmaceutical company Silence Therapeutics (SLN) and financial services company Barclays (BCS), which shed 11% and 10%, respectively. They were followed by mining company BHP Group (BHP) and oil and gas company BP (BP), which lost 8.3% and 8%, respectively.

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