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European Equities Traded in the US as American Depositary Receipts Lower in Friday Trading, End Week Up 3.2%
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European Equities Traded in the US as American Depositary Receipts Lower in Friday Trading, End Week Up 3.2%
Feb 7, 2025 8:34 AM

11:12 AM EST, 02/07/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were tracking lower late Friday morning, declining 0.25% to 1,383.65 on the S&P Europe Select ADR Index. Despite the loss the index is up 3.2% for the week.

From continental Europe, the gainers were led by accommodations booking company trivago (TRVG) and furniture maker Natuzzi (NTZ), which advanced 9.7% and 1% respectively. They were followed by internet browser company Opera (OPRA) and telecommunications operator Telefonica ( TEF ) , which rose 4% and 1.8% respectively.

The decliners from continental Europe were led by biopharmaceutical companies DBV Technologies ( DBVT ) and Grifols ( GRFS ) , which dropped 6.4% and 1.7% respectively. They were followed by biotech firm Evaxion Biotech ( EVAX ) and biopharmaceutical company Cellectis ( CLLS ) , which fell 3.6% 2.5% respectively.

From the UK and Ireland, the gainers were led by software firm Endava ( DAVA ) and biopharmaceutical company Biodexa Pharmaceuticals ( BDRX ) , which increased 2.1% and 1.7% respectively. They were followed by telecommunications operator Vodafone Group ( VOD ) and oil and gas company BP (BP), which were up 0.8% and 0.7% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company TC Biopharm ( TCBP ) and biotech firm Autolus Therapeutics ( AUTL ) , which lost 12.4% and 4.5% respectively. They were followed by pharmaceutical company Silence Therapeutics ( SLN ) and biopharmaceutical company Adaptimmune Therapeutics ( ADAP ) , which were down 6.1% and 3.7% respectively.

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