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European Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading
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European Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading
Apr 8, 2024 8:23 AM

11:11 AM EDT, 04/08/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts opened the week in positive territory Monday morning, rising 0.50% to 1,380.48 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biotech firm Evaxion Biotech ( EVAX ) and hotel booking site trivago (TRVG), which rose 7.5% and 4.4% respectively. They were followed by semiconductor company Sequans Communications ( SQNS ) and biopharmaceutical company DBV Technologies ( DBVT ) , which increased 3% and 2.9% respectively.

The decliners from continental Europe were led by furniture maker Natuzzi (NTZ) and biotech firm Biophytis ( BPTS ) , which fell 13% and 7.5% respectively. They were followed by petroleum refiner Equinor ( EQNR ) and telecommunications company VEON (VEON), which were up 1.1% and 0.8% respectively.

From the UK and Ireland, the gainers were led by cruise line operator Carnival (CUK) and mining company BHP Group ( BHP ) , which rose 2.9% and 2.7% respectively. They were followed by biopharmaceutical company Akari Therapeutics ( AKTX ) and financial services company Lloyds Banking Group ( LYG ) , which increased 2.1% and 1.3% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies TC Biopharm ( TCBP ) and Biodexa Pharmaceuticals ( BDRX ) , which dropped 8.4% and 3.7% respectively. They were followed by biopharmaceutical company Mereo BioPharma Group ( MREO ) and biotech firm Autolus Therapeutics ( AUTL ) , which fell 3.2% and 3% respectively.

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