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

European equities traded in the US as American depositary receipts were modestly higher late Thursday morning, rising 0.31% to 1,331.70 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by medical device maker EDAP TMS (EDAP) and telecommunications company Ericsson (ERIC), which rose 2.7% and 2.3% respectively. They were followed by biopharmaceutical company Cellectis (CLLS) and telecommunications operator Telefonica (TEF), which were up 2.1% and 2% respectively.

The decliners from continental Europe were led by pharmaceutical company Novo Nordisk (NVO) and furniture maker Natuzzi (NTZ), which lost 8.3% and 3.2% respectively. They were followed by 3D printer company Materialise (MTLS) and biopharmaceutical company Genfit (GNFT), which dropped 2.4% and 1.8% respectively.

From the UK and Ireland, the gainers were led by insurance company Prudential (PUK) and biotech firm Autolus Therapeutics (AUTL), which increased 3.7% and 3.3% respectively. They were followed by biopharmaceutical company Mereo BioPharma Group (MREO) and oil and gas company BP (BP), which rose 2.8% each.

The decliners from the UK and Ireland were led by biopharmaceutical companies Amarin (AMRN) and NuCana (NCNA), which fell 4.8% each. They were followed by biopharmaceutical companies Biodexa Pharmaceuticals (BDRX) and Akari Therapeutics (AKTX), which were down 2.8% and 2.7% respectively.