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European Equities Traded in the US as American Depositary Receipts Flat in Wednesday Trading
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European Equities Traded in the US as American Depositary Receipts Flat in Wednesday Trading
Oct 10, 2024 10:15 PM

11:05 AM EDT, 10/09/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were treading water late Wednesday morning, nudging 0.001% higher to 1,413.37 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by furniture maker Natuzzi (NTZ) and telecommunications company Nokia ( NOK ) , which were up 2.4% and 1%, respectively. They were followed by electronics conglomerate Philips (PHG) and internet browser company Opera (OPRA), which rose 0.9% and 0.6%, respectively.

The decliners from continental Europe were led by semiconductor company Sequans Communications ( SQNS ) and telecommunications company VEON (VEON), which dropped 6.3% and 3.2%, respectively. They were followed by financial services company ING (ING) and biopharmaceutical company Genfit ( GNFT ) , which lost 2.9% and 2.4%, respectively.

From the UK and Ireland, the gainers were led by biotech firm Trinity Biotech ( TRIB ) and cruise line operator Carnival (CUK), which advanced 8.7% and 5%, respectively. They were followed by biopharmaceutical companies Bicycle Therapeutics ( BCYC ) and Akari Therapeutics ( AKTX ) , which increased 2.8% and 2.7%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Adaptimmune Therapeutics ( ADAP ) and software firm Endava ( DAVA ) , which fell 3.5% and 2.9%, respectively. They were followed by biopharmaceutical company Amarin Corporation ( AMRN ) and biotech firm Autolus Therapeutics ( AUTL ) , which were down 2.7% and 2.3%, respectively.

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