European Equities Traded in the US as American Depositary Receipts Kick Off Week Higher in Monday Trading

MT Newswires Live12-17

European equities traded in the US as American depositary receipts started the week off higher late Monday morning, rising 0.32% to 1,343.34 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical companies argenx (ARGX) and Grifols (GRFS), which rose 4.3% and 3.9% respectively. They were followed by medical device maker EDAP TMS (EDAP) and pharmaceutical company Ascendis Pharma (ASND), which increased 3.1% and 2.7% respectively.

The decliners from continental Europe were led by biotech firm Evaxion Biotech (EVAX) and biopharmaceutical company DBV Technologies (DBVT), which fell 18% and 3.1% respectively. They were followed by biopharmaceutical company Cellectis (CLLS) and petroleum refiner Equinor (EQNR), which were down 2.8% and 2.4% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Bicycle Therapeutics (BCYC) and biotech firm Autolus Therapeutics (AUTL), which advanced 8.6% and 5% respectively. They were followed by biopharmaceutical companies Verona Pharma (VRNA) and Amarin (AMRN), which were up 4.6% and 2.4% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Mereo BioPharma Group (MREO) and biotech firm Trinity Biotech (TRIB), which dropped 3.7% and 2.2% respectively. They were followed by oil and gas company BP (BP) and insurance company Prudential (PUK), which lost 2.1% and 1.1% respectively.

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