European Equities Traded in the US as American Depositary Fall in Monday Trading

MT Newswires Live2024-12-31

European equities traded in the US as American depositary receipts were moving lower late Monday morning, declining 0.92% to 1,284.25 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical company Cellectis (CLLS) and telecommunications company VEON (VEON), which advanced 12% and 5.8% respectively. They were followed by medical device maker EDAP (EDAP) and petroleum refiner Equinor (EQNR), which rose 2.1% and 0.6% respectively.

The decliners from continental Europe were led by biotech firm Evaxion Biotech (EVAX) and biopharmaceutical company Grifols (GRFS), which fell 12% and 4.2% respectively. They were followed by 3D printer company Materialise (MTLS) and furniture maker Natuzzi (NTZ), which were down 3% and 2.6% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical companies TC Biopharm (TCBP) and Akari Therapeutics (AKTX), which climbed 11% and 5.5% respectively. They were followed by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and financial services company Lloyds Banking Group (LYG), which were up 3% and 0.2% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company NuCana (NCNA) and pharmaceutical company Silence Therapeutics (SLN), which dropped 7.1% and 5.2% respectively. They were followed by biotech firm Trinity Biotech (TRIB) and biopharmaceutical company Amarin (AMRN), which lost 3.7% and 2.9% respectively.

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