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European Equities Traded in the US as American Depositary Receipts Fall Sharply in Friday Trading
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European Equities Traded in the US as American Depositary Receipts Fall Sharply in Friday Trading
Jun 14, 2024 8:51 AM

11:15 AM EDT, 06/14/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were trending sharply lower Friday, falling 1.3% to 1,404.81 on the S&P Europe Select ADR Index, which is set to end the week down 1.7%.

From continental Europe, the gainers were led by furniture maker Natuzzi (NTZ), which rose 2.6%, followed by medical device maker EDAP TMS ( EDAP ) and internet browser company Opera (OPRA), which were up 0.8% and 0.7%, respectively.

The decliners from continental Europe were led by biopharmaceutical companies Genfit ( GNFT ) and Cellectis ( CLLS ) , which fell 10% and 7.7%, respectively. They were followed by biopharmaceutical company DBV Technologies ( DBVT ) and semiconductor company Sequans Communications ( SQNS ) , which lost 5.3% and 5%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Mereo BioPharma Group ( MREO ) , which increased 4% and software firm Endava ( DAVA ) , which rose 0.8%. They were followed by utilities company National Grid ( NGG ) and pharmaceutical firm AstraZeneca ( AZN ) , which both rose 0.1%.

The decliners from the UK and Ireland were led by biotech firm Trinity Biotech ( TRIB ) and cruise line operator Carnival (CUK), which dropped 8.8% and 7.1% respectively. They were followed by construction materials supplier CRH (CRH) and biopharmaceutical company Adaptimmune Therapeutics ( ADAP ) , which fell 3% and 2.9% respectively.

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