11:00 AM EDT, 10/23/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were tracking higher late Thursday morning, rising 0.4% to 1,590.79 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by telecommunications company Nokia ( NOK ) and biotech company Evaxion ( EVAX ) , which climbed 9.8% and 7.9% respectively. They were followed by petroleum refiner Equinor ( EQNR ) and oil and gas company Eni (E), which increased 3.4% and 2% respectively.

The decliners from continental Europe were led by biopharmaceutical company Cellectis ( CLLS ) and biotech company BioNTech (BNTX), which fell 3.3% and 1.4% respectively. They were followed by medical device maker EDAP TMS ( EDAP ) and brewing company Anheuser-Busch InBev ( BUD ), which were down 0.8% and 0.7% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Adaptimmune Therapeutics ( ADAP ) and oil and gas company Shell (SHEL), which advanced 12% and 1.8% respectively. They were followed by lender Barclays ( BCS ) and oil and gas company BP (BP), which rose 1.6% and 1.5% respectively.

The decliners from the UK and Ireland were led by cruise line operator Carnival (CUK) and biopharmaceutical company Mereo BioPharma ( MREO ) , which dropped 2.3% and 1.9% respectively. They were followed by pharmaceutical company Silence Therapeutics ( SLN ) and software company Endava ( DAVA ) , which lost 1.8% each.