11:01 AM EDT, 06/27/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were tracking higher late Friday morning, rising 0.49% to 1,481.21 on the S&P Europe Select ADR Index, which was up 2.5% for the week.

From continental Europe, the gainers were led by software firm SAP (SAP) and financial services company ING (ING), which rose 2% and 1.9%, respectively. They were followed by biotech firm Evaxion ( EVAX ) and financial services company Banco Santander (SAN), which were up 1.6% and 1.2%, respectively.

The decliners from continental Europe were led by medical device maker EDAP TMS ( EDAP ) and brewing company Anheuser-Busch InBev ( BUD ) , which fell 6.4% and 0.9%, respectively. They were followed by telecommunications company Nokia ( NOK ) and electronics conglomerate Philips (PHG), which were off 0.7% and 0.5% respectively.

From the UK and Ireland, the gainers were led by pharmaceutical company Silence Therapeutic (SLN) and biopharmaceutical company Bicycle Therapeutics ( BCYC ) , which increased 3.8% and 2.5%, respectively. They were followed by cruise line operator Carnival (CUK) and education company Pearson (PSO), which rose 2% and 1.7%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies Adaptimmune Therapeutics ( ADAP ) and Mereo BioPharma Group ( MREO ) , which lost 4.2% and 3%, respectively. They were followed by biopharmaceutical company Amarin ( AMRN ) and insurance firm Prudential (PUK), which dropped 2.5% and 2%, respectively.