European Equities Traded in the US as American Depositary Receipts Fall Sharply in Thursday Trading

European equities traded in the US as American depositary receipts were falling sharply late Thursday morning, down 1.78% to 1,777.91 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by internet advertising firm Criteo (CRTO) and consumer goods company Unilever (UL), which rose 2.7% and 1%, respectively. They were followed by biopharmaceutical company Cellectis (CLLS) and telecommunications company Nokia (NOK), which were up 0.6% and 0.4%, respectively.

The decliners from continental Europe were led by lender Banco Bilbao Vizcaya Argentaria (BBVA) and semiconductor company Sequans Communications (SQNS), which fell 6.8% and 6.7%, respectively. They were followed by pharmaceutical company Novo Nordisk (NVO) and biopharmaceutical company Grifols (GRFS), which lost 6.6% and 4.2%, respectively.

From the UK and Ireland, the gainers were led by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company Akari Therapeutics (AKTX), which climbed 10% and 4.9%, respectively. They were followed by pharmaceutical companies GSK (GSK) and AstraZeneca (AZN), which advanced 2.8% and 1%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and software firm Endava (DAVA), which dropped 7.2% and 7%, respectively. They were followed by biopharmaceutical company Bicycle Therapeutics (BCYC) and telecommunications operator Vodafone Group (VOD), which were down 5.9% each.