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European Equities Traded in the US as American Depositary Receipts Trend Lower in Wednesday Trading
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European Equities Traded in the US as American Depositary Receipts Trend Lower in Wednesday Trading
Apr 24, 2024 8:22 AM

11:11 AM EDT, 04/24/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were trending lower Wednesday morning, declining 0.9% to 1,356.02 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by internet advertising firm Criteo ( CRTO ) and 3D printer company Materialise (MTLS), which rose 3.2% and 2.3% respectively. They were followed by biopharmaceutical company Genfit ( GNFT ) and semiconductor company Sequans Communications ( SQNS ) , which were up 2.1% and 1.9% respectively.

The decliners from continental Europe were led by biopharmaceutical company Cellectis ( CLLS ) and kidney dialysis company Fresenius Medical Care ( FMS ) , which fell 3.5% and 3.3% respectively. They were followed by telecommunications company Ericsson (ERIC) and oil and gas company Eni (E), which dropped 2.7% and 2.4% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Mereo BioPharma Group ( MREO ) and hospitality company InterContinental Hotels Group ( IHG ) , which increased 3% and 1.5% respectively. They were followed by communications company WPP ( WPP ) , which was up 0.5%.

The decliners from the UK and Ireland were led by biopharmaceutical companies Akari Therapeutics ( AKTX ) and Biodexa Pharmaceuticals ( BDRX ) , which were down 4.1% and 3.8% respectively. They were followed by biopharmaceutical companies NuCana ( NCNA ) and Adaptimmune Therapeutics ( ADAP ) , which lost 3.7% and 3.5% respectively.

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