European Equities Traded in the US as American Depositary Receipts Decline Sharply in Tuesday Trading

MT Newswires Live05-12 23:14

European equities traded in the US as American depositary receipts were down significantly late Tuesday morning, dropping 1.05% to 1,814.06 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical company Cellectis (CLLS) and 3D printer company Materialise (MTLS), which advanced 7.5% and 3.1% respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT) and internet advertising firm Criteo (CRTO), which were up 1.5% and 1% respectively.

The decliners from continental Europe were led by accommodations booking site trivago (TRVG) and telecommunications company Nokia (NOK), which fell 5.2% and 4.3% respectively. They were followed by internet browser company Opera (OPRA) and semiconductor company Sequans Communications (SQNS), which dropped 1.9% and 1.8% respectively.

The gainers from the UK were led by cruise line operator Carnival (CUK) and tobacco company British American Tobacco (BTI), which climbed 6.6% and 2.4% respectively. They were followed by pharmaceutical company GSK (GSK) and biopharmaceutical company Mereo BioPharma Group (MREO), which rose 2% and 1.1% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Akari Therapeutics (AKTX) and telecommunications operator Vodafone Group (VOD), which fell 22% and 8.4% respectively. They were followed by pharmaceutical company Silence Therapeutics (SLN) and lender Lloyds Banking Group (LYG), which lost 5.2% and 3.7% respectively.

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