European Equities Traded in the US as American Depositary Receipts Tread Water in Wednesday Trading

MT Newswires Live09-18

European equities traded in the US as American depositary receipts were edging lower late Wednesday morning, declining 0.18% to 1,435.51 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical company argenx (ARGX) and telecommunications operator Telefonica (TEF), which rose 1.2% and 0.9% respectively. They were followed by biopharmaceutical company Calliditas Therapeutics (CALT) and financial services company Banco Bilbao Vizcaya Argentaria (BBVA), which were up 0.7% and 0.4% respectively.

The decliners from continental Europe were led by biotech firm BioNTech (BNTX) and telecommunications operator VEON (VEON), which fell 4.4% and 2.9% respectively. They were followed by semiconductor company Sequans Communications (SQNS) and biopharmaceutical company DBV Technologies (DBVT), which were down 2.3% and 1.6% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Mereo BioPharma Group (MREO) and biotech firm Autolus Therapeutics (AUTL), which advanced 8.1% and 2.6% respectively. They were followed by biopharmaceutical company Akari Therapeutics (AKTX) and cruise line operator Carnival (CUK), which increased 2.7% and 2.1% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies TC Biopharm (TCBP) and NuCana (NCNA), which dropped 4.7% and 1.9% respectively. They were followed by software firm Endava (DAVA) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which lost 3.4% and 1.2% respectively.

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