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

MT Newswires Live07-05

European equities traded in the US as American depositary receipts were higher late Friday morning, rising 0.53% to 1,446.18 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical companies DBV Technologies (DBVT) and Grifols (GRFS), which climbed 6.6% and 5.7% respectively. They were followed by biopharmaceutical company Genfit (GNFT) and pharmaceutical company Novo Nordisk (NVO), which increased 3.5% and 1.9% respectively.

The decliners from continental Europe were led by medical device maker EDAP TMS (EDAP) and petroleum refiner Equinor (EQNR), which fell 1.4% and 1.2% respectively. They were followed by biopharmaceutical company Calliditas Therapeutics (CALT) and furniture maker Natuzzi (NTZ), which were off 0.8% each.

From the UK and Ireland, the gainers were led by biopharmaceutical company Adaptimmune Therapeutics (ADAP) and medical device maker Smith & Nephew (SNN), which rose 8.8% and 7.3% respectively. They were followed by biopharmaceutical company Amarin (AMRN) and financial services company Lloyds Banking Group (LYG), which rose 4.8% and 3.9% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company TC Biopharm (TCBP) and insurance firm Prudential (PUK), which fell 7.4% and 2.3% respectively. They were followed by cruise line operator Carnival (CUK) and hospitality company InterContinental Hotels Group (IHG), which were down 2.2% and 1.5% respectively.

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