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

MT Newswires Live
14 Jan

European equities traded in the US as American depositary receipts started the week off lower late Monday morning, declining 0.58% to 1,291.89 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by pharmaceutical company Ascendis Pharma (ASND) and financial services company Banco Bilbao Vizcaya Argentaria (BBVA), which increased 3.7% and 2.9%, respectively. They were followed by furniture maker Natuzzi (NTZ) and petroleum refined Equinor (EQNR), which were up 2.6% and 2.5%, respectively.

The decliners from continental Europe were led by biotech firm Evaxion Biotech (EVAX) and biopharmaceutical company DBV Technologies (DBVT), which fell 6.1% and 5.8%, respectively. They were followed by 3D printer company Materialise (MTLS) and semiconductor company Sequans Communications (SQNS), which lost 4.2% and 3.2%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Bicycle Therapeutics (BCYC) and biotech firm Trinity Biotech (TRIB), which climbed 11% and 4.4%, respectively. They were followed by biopharmaceutical companies Verona Pharma (VRNA) and Akari Therapeutics (AKTX), which advanced 3.9% and 2.4%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies NuCana (NCNA) and Mereo BioPharma Group (MREO), which dropped 8.9% and 5.6%, respectively. They were followed by biotech firm Autolus Therapeutics (AUTL) and pharmaceutical company Silence Therapeutics (SLN), which were down 4.9% and 4.7%, respectively.

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