11:04 AM EST, 02/11/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were higher late Tuesday morning, rising 0.59% to 1,393.03 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by Spanish lender Banco Santander (SAN) and biotech company Evaxion Biotech ( EVAX ) , which rose 3.8% and 2.5% respectively. They were followed by software firm SAP (SAP) and Spanish financial services company Banco Bilbao Vizcaya Argentaria ( BBVA ) , which were up 2% and 1.9% respectively.

The decliners from continental Europe were led by semiconductor company Sequans Communications ( SQNS ) and accommodations booking company trivago (TRVG), which dropped 9.6% and 8.5% respectively. They were followed by biopharmaceutical companies Cellectis ( CLLS ) and argenx (ARGX), which were down 2.5% and 2% respectively.

From the UK and Ireland, the gainers were led by oil and gas company Shell (SHEL) and British bank Barclays ( JJCTF ) , which increased 1.7% and 1.5% respectively. They were followed by medical device maker Smith & Nephew ( SNN ) and British financial services company HSBC ( HSBC ) , which were up 1.4% and 1.1% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Biodexa Pharmaceuticals ( BDRX ) and pharmaceutical company Silence Therapeutics ( SLN ) , which fell 16% and 11% respectively. They were followed by biopharmaceutical companies Akari Therapeutics ( AKTX ) and Bicycle Therapeutics ( BCYC ) , which lost 7.4% and 3.5% respectively.