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European Equities Traded in the US as American Depositary Receipts Rise in Friday Trading
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European Equities Traded in the US as American Depositary Receipts Rise in Friday Trading
Oct 27, 2024 9:50 PM

11:05 AM EDT, 10/25/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were moving higher late Friday morning, rising 0.33% to 1,394.95 on the S&P Europe Select ADR Index, which is down about 1% for the week.

From continental Europe, the gainers were led by furniture maker Natuzzi (NTZ) and medical device maker EDAP TMS ( EDAP ) , which advanced 12% and 3.6% respectively. They were followed by pharmaceutical company Sanofi ( SNY ) and oil major Equinor ( EQNR ) , which rose 3.5% and 2.8% respectively.

The decliners from continental Europe were led by biotech firm BioNTech (BNTX) and electronics company Philips (PHG), which fell 0.6% and 0.5% respectively. They were followed by Spanish lender Banco Santander (SAN) and biopharmaceutical company Grifols ( GRFS ) , which were off 0.4% and 0.3% respectively.

From the UK and Ireland, the gainers were led by biotech firm Trinity Biotech ( TRIB ) and biopharmaceutical company Bicycle Therapeutics ( BCYC ) , which increased 5.2% and 3% respectively. They were followed by pharmaceutical company Silence Therapeutics ( SLN ) and biotech firm Autolus Therapeutics ( AUTL ) , which were up 1.7% and 1.4% respectively.

The decliners from the UK and Ireland were led by lender Lloyds Banking Group ( LYG ) and medical device maker Smith & Nephew ( SNN ) , which dropped 7% and 3.9% respectively. They were followed by biopharmaceutical company TC Biopharm ( TCBP ) and British bank Barclays ( JJCTF ) , which lost 3.1% and 3% respectively.

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