European Equities Traded in the US as American Depositary Receipts Edge Higher in Friday Trading

MT Newswires Live08-28 23:22

European equities traded in the US as American depositary receipts were marginally higher late Friday morning, edging up 0.03% to 1,963.94 on the S&P Europe Select ADR Index, which is off 0.5% for the week.

From continental Europe, the gainers were led by accommodations booking site trivago (TRVG) and medical device maker EDAP TMS (FOCL), which rose 3.7% and 0.7% respectively. They were followed by consumer goods company Unilever (UL), which was up 0.7% respectively.

The decliners from continental Europe were led by biotech firms BioNTech (BNTX) and DBV Technologies (DBVT), which fell 7.5% and 4.8% respectively. They were followed by 3D printer company Materialise (MTLS) and biopharmaceutical company Cellectis (CLLS), which were down 3.8% and 2.1% respectively.

The gainers from the UK were led by lender HSBC (HSBC), which rose 1.1%, followed by alcoholic beverage company Diageo (DEO) and software firm Endava (DAVA), which advanced 0.5% and 0.1% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and biotech firm Autolus Therapeutics (AUTL), which dropped 3.4% and 2.8% respectively. They were followed by biotech firm Bicycle Therapeutics (BCYC) and medical device firm Trinity Biotech (TRIB), which lost 2.8% and 2.6% respectively.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment