11:08 AM EDT, 07/31/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were moving sharply higher late Wednesday morning, climbing 1.25% to 1,434.42 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by 3D printer company Materialise (MTLS) and petroleum refiner Equinor ( EQNR ) , which rose 14.2% and 2.4% respectively. They were followed by pharmaceutical company Novo Nordisk ( NVO ) and biopharmaceutical company Calliditas Therapeutics ( CALT ) , which were up 2.3% each.

The decliners from continental Europe were led by financial services companies Banco Bilbao Vizcaya Argentaria ( BBVA ) and Banco Santander (SAN), which fell 3.7% and 1.7% respectively. They were followed by biotech firm BioNTech (BNTX) and furniture maker Natuzzi (NTZ), which were down 0.6% and 0.7% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Akari Therapeutics ( AKTX ) and financial services company HSBC ( HSBC ) , which were up 4.1% and 3.8% respectively. They were followed by biopharmaceutical companies NuCana ( NCNA ) and Adaptimmune Therapeutics ( ADAP ) , which rose 2.9% and 1.9% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies TC Biopharm ( TCBP ) and Amarin ( AMRN ) , which tumbled 36.2% and 11.8% respectively. They were followed by hospitality company InterContinental Hotels Group ( IHG ) and pharmaceutical company GSK (GSK), which were down 3.2% and 2.5% respectively.