European Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading

European equities traded in the US as American depositary receipts were tracking higher late Wednesday morning, rising 1% to 1,860.69 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by semiconductor company Sequans Communications (SQNS) and biopharmaceutical company Cellectis (CLLS), which advanced 11% and 6.3% respectively. They were followed by lender Banco Santander (SAN) and biopharmaceutical company DBV Technologies (DBVT), which increased 4.2% and 2.2% respectively.

The decliners from continental Europe were led by pharmaceutical company Novo Nordisk (NVO) and brewing company Anheuser-Busch InBev (BUD), which dropped 2.3% and 2.2% respectively. They were followed by consumer goods company Unilever (UL) and biotech firm Evaxion (EVAX), which lost 1.6% and 0.6% respectively.

From the UK and Ireland, the gainers were led by lender HSBC (HSBC) and mining company BHP Group (BHP), which rose 6.9% and 3.1% respectively. They were followed by biotech firm Autolus Therapeutics (AUTL) and biopharmaceutical company Mereo BioPharma Group (MREO), which were up 2.2% and 1.6% respectively.

The decliners from the UK and Ireland were led by alcoholic beverage company Diageo (DEO) and biopharmaceutical company Amarin (AMRN), which fell 13.4% and 10.2% respectively. They were followed by biotech firm Trinity Biotech (TRIB) and hospitality company InterContinental Hotels Group (IHG), which were down 0.9% and 0.7% respectively.