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Bank Stocks Lead European Equities Traded in the US as American Depositary Receipts Higher Tuesday
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Bank Stocks Lead European Equities Traded in the US as American Depositary Receipts Higher Tuesday
May 7, 2024 8:35 AM

11:07 AM EDT, 05/07/2024 (MT Newswires) -- Bank stocks helped European equities traded in the US as American depositary receipts higher late Tuesday morning, rising 0.77% to 1,396.19 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by financial services company Banco Santander (SAN) and internet browser company Opera (OPRA), which rose 2.8% and 2.1% respectively. They were followed by internet advertising firm Criteo ( CRTO ) and telecommunications company VEON (VEON), which were up 2% each.

The decliners from continental Europe were led by biopharmaceutical company Cellectis ( CLLS ) and kidney dialysis company Fresenius Medical Care ( FMS ) , which fell 11% and 6.7% respectively. They were followed by semiconductor company Sequans Communications ( SQNS ) and biotech firm BioNTech (BNTX), which lost 4.4% and 2.3% respectively.

From the UK and Ireland, the gainers were led by software firm Endava ( DAVA ) and biopharmaceutical company NuCana ( NCNA ) , which rose 2.9% and 2.6% respectively. They were followed by biopharmaceutical company Amarin Corporation ( AMRN ) and financial services company Barclays ( JJCTF ) , which were up 2.5% and 2.3% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies TC Biopharm ( TCBP ) and Biodexa Pharmaceuticals ( BDRX ) , which lost 20% and 7.4% respectively. They were followed by biopharmaceutical company Adaptimmune Therapeutics ( ADAP ) and biotech firm Trinity Biotech ( TRIB ) , which were down 5.2% and 3.4% respectively.

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