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European Equities Traded in the US as American Depositary Receipts Rise in Friday Trading, Remain Flat for Week
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European Equities Traded in the US as American Depositary Receipts Rise in Friday Trading, Remain Flat for Week
Feb 28, 2025 8:22 AM

11:03 AM EST, 02/28/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were moving higher late Friday morning, up 0.48% to 1,412.34 on the S&P Europe Select ADR Index, which is relatively flat for the week.

From continental Europe, the gainers were led by internet browser company Opera (OPRA) and biopharmaceutical company Genfit ( GNFT ) , which rose 6.8% and 2.5%, respectively. They were followed by 3D printer company Materialise (MTLS) and biotech firm BioNTech (BNTX), which were up 2.4% and 1.4%, respectively.

The decliners from continental Europe were led by biopharmaceutical company DBV Technologies ( DBVT ) and biotech firm Evaxion Biotech ( EVAX ) , which fell 7.8% and 5.1%, respectively. They were followed by biopharmaceutical company Cellectis ( CLLS ) and oil and gas company Eni (E), which were down 1.5% and 1.3%, respectively.

From the UK and Ireland, the gainers were led by alcoholic beverage company Diageo ( DEO ) and financial services company Barclays ( JJCTF ) , which increased 2% each. They were followed by financial services company HSBC ( HSBC ) and cruise line operator Carnival (CUK), which were up 1.5% each.

The decliners from the UK and Ireland were led by biopharmaceutical company Akari Therapeutics ( AKTX ) and pharmaceutical company Silence Therapeutics ( SLN ) , which dropped 4.1% and 3.7%, respectively. They were followed by biotech firm Autolus Therapeutics ( AUTL ) and biopharmaceutical company TC Biopharm ( TCBP ) , which lost 3.1% and 2.8%, respectively.

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