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

European equities traded in the US as American depositary receipts were trending higher late Friday morning, rising 0.82% to 1,468.10 on the S&P Europe Select ADR Index. The increase helped raise the index's weekly gain to about 1.3%.

From continental Europe, the gainers were led by semiconductor company Sequans Communications (SQNS), which soared 134%, followed by internet browser company Opera (OPRA), which rose 5.9%. Financial services company Banco Santander (SAN) was up 2.4%, while 3D printer company Materialise (MTLS) increased 2.2%.

The decliners from continental Europe were led by furniture maker Natuzzi (NTZ) and biopharmaceutical company Grifols (GRFS), which fell 2.4% and 0.8%, respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT) and medical device maker EDAP TMS (EDAP), which were off 0.6% and 0.5%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Mereo BioPharma Group (MREO) and cruise line operator Carnival (CUK), which climbed 7.1% and 3.2%, respectively. They were followed by biopharmaceutical company Amarin (AMRN) and insurance firm Prudential (PUK), which increased 2.4% and 2.3%, respectively.

The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and biopharmaceutical company NuCana (NCNA), which lost 10% and 7.6%, respectively. They were followed by biopharmaceutical companies TC Biopharm (TCBP) and Biodexa Pharmaceuticals (BDRX), which dropped 6.1% and 4%, respectively.