European Equities Traded in the US as American Depositary Receipts Edge Higher Tuesday

MT Newswires Live11-06

European equities traded in the US as American depositary receipts were slightly higher on Tuesday morning, up 0.13% to 1,361.68 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by fabless semiconductor company Sequans Communications (SQNS) and semiconductor contract manufacturing firm STMicroelectronics (STM), which rose 7.8% and 3% respectively. They were followed by Swedish food company Oatly (OTLY), up 1.7%.

The decliners from continental Europe were led by pharmaceutical company Novartis (NVS) and technology firm Opera (OPRA), which fell 1.6% and 1.1% respectively.

From the UK and Ireland, the gainers were led by cryptocurrency miner Argo Blockchain (ARBK) and budget airline Ryanair (RYAAY), which rose 6.2% and 5.1% respectively.

The decliners from the UK and Ireland were led by pharmaceutical and biotech giant AstraZeneca (AZN) and clinical-stage biopharmaceutical company Adaptimmune Therapeutics (ADAP), which were shedding 7.6% and 2.9% respectively.

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