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

MT Newswires Live06-24

European equities traded in the US as American depositary receipts were trending higher Monday, rising 0.84% to 1,428.35 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical company argenx (ARGX) and financial services company Banco Bilbao Vizcaya Argentaria (BBVA), which increased 9.3% and 3.3% respectively. They were followed by biopharmaceutical company Grifols (GRFS) and pharmaceutical company Sanofi (SNY), which were up 2.8% and 3% respectively.

The decliners from continental Europe were led by biotech firm Evaxion Biotech (EVAX) and medical device maker EDAP TMS (EDAP), which fell 5.7% and 1.3% respectively. They were followed by furniture maker Natuzzi (NTZ) and telecommunications company VEON (VEON), which dropped 0.2% and 1.3% respectively.

From the UK and Ireland, the gainers were led by insurance firm Prudential (PUK) and biopharmaceutical company Amarin (AMRN), which increased 7.9% and 7.4% respectively. They were followed by biopharmaceutical company Verona Pharma plc (VRNA) and tobacco company British American Tobacco (BTI), which were up 3.4% and 2.1% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies Biodexa Pharmaceuticals (BDRX) and Akari Therapeutics (AKTX), which fell 6.6% and 0.3% respectively. They were followed by biotech firm Trinity Biotech (TRIB) and biopharmaceutical company Mereo BioPharma Group (MREO) 2.2% and 1.3% respectively.

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