11:11 AM EST, 01/30/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were up sharply late Thursday morning, rising 1.25% to 1,372.71 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by telecommunications company Nokia ( NOK ) and biopharmaceutical company Genfit ( GNFT ) , which climbed 7.3% and 4.1% respectively. They were followed by pharmaceutical company Sanofi ( SNY ) and electronics conglomerate Philips (PHG), which were up 3.4% and 2.6% respectively.

The decliners from continental Europe were led by biotech firm Evaxion Biotech ( EVAX ) and accommodations booking company trivago (TRVG), which fell 27.7% and 2.5% respectively. They were followed by biopharmaceutical company DBV Technologies ( DBVT ) and medical device maker EDAP (EDAP), which were down 1.5% each.

From the UK and Ireland, the gainers were led by biopharmaceutical company Verona Pharma ( VRNA ) and Prudential (PUK), which rose 4.1% and 3.5% respectively. They were followed by educational publisher Pearson (PSO) and oil and gas company Shell (SHEL), which increased 3.2% and 3% respectively.

The decliners from the UK and Ireland were led by biotech firm Trinity Biotech ( TRIB ) and biopharmaceutical company NuCana ( NCNA ) , which dropped 13.3% and 5.3% respectively. They were followed by biopharmaceutical company Mereo BioPharma Group ( MREO ) , which lost 2.2%.