European Equities Traded in the US as American Depositary Receipts Close Bearish Week on High Note Friday

MT Newswires Live11-01

European equities traded in the US as American depositary receipts were rallying late Friday morning, rising 0.98% to 1,367.20 on the S&P Europe Select ADR Index, but were still down 1.4% for the week.

From continental Europe, the gainers were led by biopharmaceutical company Genfit (GNFT) and semiconductor company Sequans Communications (SQNS), which rose 5.8% and 3.3%, respectively. They were followed by financial services companies Banco Santander (SAN) and Banco Bilbao Vizcaya Argentaria (BBVA), which were up 2.4% and 2.1%, respectively.

The decliners from continental Europe were led by furniture maker Natuzzi (NTZ) and biotech firm BioNTech (BNTX), which fell 4.7% and 1.4%, respectively. They were followed by biotech firm Evaxion Biotech (EVAX) and internet advertising firm Criteo (CRTO), which were off 0.8% and 0.7%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Adaptimmune Therapeutics (ADAP) and pharmaceutical company Silence Therapeutics (SLN), which increased 5.4% and 3.6%, respectively. They were followed by financial services company Lloyds Banking Group (LYG) and biopharmaceutical company Amarin Corporation (AMRN), which rose 2.9% and 2.8%, respectively.

The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB), which fell 3.4%, followed by biopharmaceutical company Akari Therapeutics (AKTX) and cruise line operator Carnival (CUK) were off 0.2% and 0.1%, respectively.

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