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European Equities Traded in the US as American Depositary Receipts Rise in Thursday Trading
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European Equities Traded in the US as American Depositary Receipts Rise in Thursday Trading
Aug 29, 2024 8:31 AM

11:12 AM EDT, 08/29/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were moving higher late Thursday morning, rising 0.56% to 1,476.60 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by telecommunications company Nokia ( NOK ) and medical device maker EDAP TMS ( EDAP ) , which rose 5.1% and 3.3%, respectively. They were followed by biopharmaceutical company DBV Technologies ( DBVT ) and internet browser company Opera (OPRA), which were up 2.3%, each.

The decliners from continental Europe were led by semiconductor company Sequans Communications ( SQNS ) and biopharmaceutical company Cellectis ( CLLS ) , which fell 2% and 1.7%, respectively. They were followed by telecommunications company VEON (VEON) and electronics company Philips (PHG), which were down 0.9% each.

From the UK and Ireland, the gainers were led by biopharmaceutical companies TC Biopharm ( TCBP ) and NuCana ( NCNA ) , which advanced 20% and 7.2%, respectively. They were followed by biopharmaceutical company Adaptimmune Therapeutics ( ADAP ) and software firm Endava ( DAVA ) , which increased 4.1% and 3%.

The decliners from the UK and Ireland were led by biotech firm Trinity Biotech ( TRIB ) and biopharmaceutical company Akari Therapeutics ( AKTX ) , which lost 6.5% and 1.9%, respectively. They were followed by utilities company National Grid ( NGG ) and insurance company Prudential (PUK), which dropped 1.3% each.

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