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European Equities Traded in the US as American Depositary Receipts Nudge Higher in Tuesday Trading
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European Equities Traded in the US as American Depositary Receipts Nudge Higher in Tuesday Trading
Jun 18, 2024 8:54 AM

11:18 AM EDT, 06/18/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were moving slightly higher late Tuesday morning, rising 0.14% to 1,418.16 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biotech firm Evaxion Biotech ( EVAX ) was up 11% and biopharmaceutical company Genfit ( GNFT ) added 3.4%. They were followed by oil and gas companies TotalEnergies (TTE) and Eni (E), which were both up 1.6%.

The decliners from continental Europe were led by semiconductor company Sequans Communications ( SQNS ) and telecommunications company VEON (VEON), which lost 9.4% and 3%, respectively. Biopharmaceutical company Cellectis ( CLLS ) retreated 1.9% and medical device maker EDAP TMS ( EDAP ) lost 1.5%.

From the UK and Ireland, the gainers were led by cruise line operator Carnival (CUK) and utilities company National Grid ( NGG ) , which increased 2% and 1.5%, respectively. They were followed by oil and gas company BP (BP) and biopharmaceutical company Akari Therapeutics ( AKTX ) , which rose 1.1% and 1%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies Mereo BioPharma Group ( MREO ) and Adaptimmune Therapeutics ( ADAP ) , which fell 4.4% and 4.3%, respectively. Biotech firm Autolus Therapeutics ( AUTL ) was down 3.4%, while biopharmaceutical company Verona Pharma ( VRNA ) retreated 3.1%.

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