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 down sharply late Thursday morning, as the S&P Europe Select ADR Index dropped 0.5% to 1,711.73.

From continental Europe, the gainers were led by petroleum refiner Equinor (EQNR) and oil and gas company Eni (E), which climbed 8.5% and 3.2% respectively. They were followed by pharmaceutical company Sanofi (SNY) and software firm SAP (SAP), which advanced 2.4% and 0.7% respectively.

The decliners from continental Europe were led by lender Banco Santander (SAN) and biopharmaceutical company Grifols (GRFS), which dropped 2.8% and 3.1% respectively. They were followed by telecommunications company Nokia (NOK) and biotech firm BioNTech (BNTX), which were down 2% and 1.5% respectively.

The gainers from the UK were led by oil and gas company BP (BP) and biopharmaceutical company Amarin (AMRN), which rose 4.3% and 1.3% respectively. They were followed by biotech company Trinity Biotech (TRIB) and cruise line operator Carnival (CUK), which were up 0.9% and 0.6% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies Biodexa Pharmaceuticals (BDRX) and NuCana (NCNA), which fell 9.8% and 3.5% respectively. They were followed by biopharmaceutical company Akari Therapeutics (AKTX) and pharmaceutical company Silence Therapeutics (SLN), which were down 14% and 2.7% respectively.