11:08 AM EDT, 08/23/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were trending higher late Friday morning, rising 0.82% to 1,468.10 on the S&P Europe Select ADR Index. The increase helped raise the index's weekly gain to about 1.3%.

From continental Europe, the gainers were led by semiconductor company Sequans Communications ( SQNS ) , which soared 134%, followed by internet browser company Opera (OPRA), which rose 5.9%. Financial services company Banco Santander (SAN) was up 2.4%, while 3D printer company Materialise (MTLS) increased 2.2%.

The decliners from continental Europe were led by furniture maker Natuzzi (NTZ) and biopharmaceutical company Grifols ( GRFS ) , which fell 2.4% and 0.8%, respectively. They were followed by biopharmaceutical company DBV Technologies ( DBVT ) and medical device maker EDAP TMS ( EDAP ) , which were off 0.6% and 0.5%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Mereo BioPharma Group ( MREO ) and cruise line operator Carnival (CUK), which climbed 7.1% and 3.2%, respectively. They were followed by biopharmaceutical company Amarin ( AMRN ) and insurance firm Prudential (PUK), which increased 2.4% and 2.3%, respectively.

The decliners from the UK and Ireland were led by biotech firm Trinity Biotech ( TRIB ) and biopharmaceutical company NuCana ( NCNA ) , which lost 10% and 7.6%, respectively. They were followed by biopharmaceutical companies TC Biopharm ( TCBP ) and Biodexa Pharmaceuticals ( BDRX ) , which dropped 6.1% and 4%, respectively.