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

MT Newswires Live10-16 23:06

European equities traded in the US as American depositary receipts were tracking higher late Friday morning, rising 0.99% to 1,916.06 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by consumer goods company Unilever (UL) and petroleum refiner Equinor (EQNR), which rose 2.3% each. They were followed by medical device maker EDAP TMS (FOCL) and biotech firm Evaxion (EVAX), which advanced 1.6% and 1.4%, respectively.

The decliners from continental Europe were led by biopharmaceutical companies DBV Technologies (DBVT) and argenx (ARGX), which fell 3.5% and 2.8%, respectively. They were followed by biopharmaceutical company Cellectis (CLLS) and biotech firm BioNTech (BNTX), which dropped 2.3% and 1.2%, respectively.

The gainers from the UK were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and hospitality company InterContinental Hotels Group (IHG), which increased 6.9% and 3%, respectively. They were followed by tobacco company British American Tobacco (BTI) and alcoholic beverage company Diageo (DEO), which rose 2.7% and 2.5%, respectively.

The decliners from the UK and Ireland were led by pharmaceutical company Silence Therapeutics (SLN) and biotech firm Autolus Therapeutics (AUTL), which fell 3.2% and 2.9%, respectively. They were followed by biopharmaceutical company Bicycle Therapeutics (BCYC) and biopharmaceutical company Mereo BioPharma Group (MREO), which dropped 2.1% and 1.2%, 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.

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