11:07 AM EST, 02/27/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were trending lower late Thursday morning, declining 0.49% to 1,416.32 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by internet browser company Opera (OPRA) and biopharmaceutical company Grifols ( GRFS ) , which rose 6% and 5.7% respectively. They were followed by biopharmaceutical company argenx (ARGX) and brewing company Anheuser-Busch InBev ( BUD ) , which increased 4.3% and 1.9% respectively.

The decliners from continental Europe were led by electronics conglomerate Philips (PHG) and 3D printer company Materialise (MTLS), which lost 2.3% and 2.1% respectively. They were followed by software firm SAP (SAP) and oil and gas company Eni (E), which fell 2% and 1.9% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical companies Akari Therapeutics ( AKTX ) and Verona Pharma ( VRNA ) , which climbed 12% and 7% respectively. They were followed by pharmaceutical company Silence Therapeutics ( SLN ) and biopharmaceutical company Mereo BioPharma Group ( MREO ) , which were up 4.7% and 2.2% respectively.

The decliners from the UK and Ireland were led by communications company WPP ( WPP ) and biotech firm Trinity Biotech ( TRIB ) , which shed 16% and 2.5% respectively. They were followed by utilities company National Grid ( NGG ) and alcoholic beverage company Diageo ( DEO ) , which dropped 1.6% and 1.2% respectively.