10:58 AM EDT, 04/10/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were sharply lower late Thursday morning, dropping 1.91% to 1,282.27 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biopharmaceutical company Genfit ( GNFT ) and furniture maker Natuzzi (NTZ), which surged 22% and 14% respectively. They were followed by Spanish lender Banco Bilbao Vizcaya Argentaria ( BBVA ) and biopharmaceutical company Cellectis ( CLLS ) , which increased 1.4% and 1.2% respectively.

The decliners from continental Europe were led by accommodations booking site trivago (TRVG) and electronics conglomerate Philips (PHG), which dropped 7.2% and 4.9% respectively. They were followed by medical device maker EDAP TMS ( EDAP ) and internet advertising firm Criteo ( CRTO ) , which were down 4.6% and 4.3% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical companies Biodexa Pharmaceuticals ( BDRX ) and Akari Therapeutics ( AKTX ) , which rose 5.3% and 3.5% respectively. They were followed by utilities company National Grid ( NGG ) and alcoholic beverage company Diageo ( DEO ) , which were up 0.1% each.

The decliners from the UK and Ireland were led by cruise line operator Carnival (CUK) and biopharmaceutical company Mereo BioPharma Group ( MREO ) , which fell 8% and 6.6% respectively. They were followed by biopharmaceutical company Verona Pharma ( VRNA ) and pharmaceutical company Silence Therapeutics ( SLN ) , which lost 6.5% and 6.4% respectively.