European Equities Traded in the US as American Depositary Edge Higher in Thursday Trading

MT Newswires Live2024-12-27

European equities traded in the US as American depositary receipts were slightly higher late Thursday morning, edging 0.10% higher to 1,298.82 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by furniture maker Natuzzi (NTZ) and medical device maker EDAP TMS (EDAP), which climbed 18% and 7.3% respectively. They were followed by telecommunications company VEON (VEON) and biopharmaceutical company Genfit (GNFT), which were up 2.5% each.

The decliners from continental Europe were led by biotech firm Evaxion Biotech (EVAX) and biopharmaceutical company DBV Technologies (DBVT), which dropped 2.8% and 2.6% respectively. They were followed by accommodations booking company trivago (TRVG) and 3D printer company Materialise (MTLS), which were off 0.7% each.

From the UK and Ireland, the gainers were led by biotech firm Autolus Therapeutics (AUTL) and biopharmaceutical company Verona Pharma (VRNA), which increased 2.2% and 2% respectively. They were followed by biopharmaceutical companies Bicycle Therapeutics (BCYC) and TC Biopharm (TCBP), which rose 1.8% and 1% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Adaptimmune Therapeutics (ADAP) and biotech firm Trinity Biotech (TRIB), which dropped 3.8% and 3% respectively. They were followed by biopharmaceutical company Akari Therapeutics (AKTX) and pharmaceutical company Silence Therapeutics (SLN), which lost 1.6% and 1.5% respectively.

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