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

European equities traded in the US as American depositary receipts were tracking lower late Thursday morning, declining 0.96% to 1,894.88 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by software firm SAP (SAP) and brewing company Anheuser-Busch InBev (BUD), which were up 3.6% and 2.7% respectively. They were followed by consumer goods company Unilever (UL) and biopharmaceutical company DBV Technologies (DBVT), which advanced 2.7% and 0.9% respectively.

The decliners from continental Europe were led by telecommunications company Nokia (NOK) and lender Banco Santander (SAN), which fell 9.9% and 3.4%, respectively. They were followed by lenders Banco Bilbao Vizcaya Argentaria (BBVA) and ING Group (ING), which dropped 3.4% each.

The gainers from the UK were led by medical device maker Smith & Nephew (SNN) and alcoholic beverage company Diageo (DEO), which increased 3.5% and 2.9%, respectively. They were followed by pharmaceutical company AstraZeneca (AZN) and telecommunications operator Vodafone Group (VOD), which rose 2.3% and 1% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and mining company BHP Group (BHP), which decreased 5.6% and 3.7%, respectively. They were followed by lenders Lloyds Banking Group (LYG) and HSBC (HSBC), which were down 2.8% and 2.4%, respectively.