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

MT Newswires Live11-03 00:16

European equities traded in the US as American depositary receipts began the week tracking higher late Monday morning, rising 0.42% to 1,894.78 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by lenders Banco Santander (SAN) and Banco Bilbao Vizcaya Argentaria (BBVA), which rose 3.7% and 3.1% respectively. They were followed by biopharmaceutical company Grifols (GRFS) and brewing company Anheuser-Busch InBev (BUD), which were up 2.2% and 2.7% respectively.

The decliners from continental Europe were led by petroleum refiner Equinor (EQNR) and biopharmaceutical company DBV Technologies (DBVT), which dropped 5.4% and 4.1%, respectively. They were followed by oil and gas company Eni (E) and accommodations booking site trivago (TRVG), which lost 2.8% and 2.2%, respectively.

The gainers from the UK were led by alcoholic beverage company Diageo (DEO) and hospitality company InterContinental Hotels Group (IHG), which increased 2.9% and 2.8%, respectively. They were followed by software firm Endava (DAVA) and insurance company Prudential (PUK), which advanced 2.3% and 2.7%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and oil and gas company BP (BP), which fell 9.7% and 4.2% respectively. They were followed by oil and gas company Shell (SHEL) and biotech firm Autolus Therapeutics (AUTL), which decreased 3.1% and 4.9% respectively.

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