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European Equities Traded in the US as American Depositary Receipts Trend Higher in Tuesday Trading
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European Equities Traded in the US as American Depositary Receipts Trend Higher in Tuesday Trading
Jan 14, 2025 8:28 AM

11:04 AM EST, 01/14/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were trending higher late Tuesday morning, rising 0.78% to 2,041.51 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by accommodations booking company trivago (TRVG) and 3D printer company Materialise (MTLS), which climbed 7.8% and 4.7% respectively. They were followed by biopharmaceutical company Cellectis ( CLLS ) and internet browser company Opera (OPRA), which were up 4.2% and 2.7% respectively.

The decliners from continental Europe were led by biopharmaceutical company DBV Technologies ( DBVT ) and biotech firm Evaxion Biotech ( EVAX ) , which tumbled 16% and 11% respectively. They were followed by pharmaceutical company Novo Nordisk ( NVO ) and electronics conglomerate Philips (PHG), which were down 3.3% and 2.1% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical companies Verona Pharma ( VRNA ) and Akari Therapeutics (AKTX), which rose 3.8% and 2.6% respectively. They were followed by cruise line operator Carnival (CUK) and financial services company Lloyds Banking Group ( LYG ) , which increased 1.5% and 1.3% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company TC Biopharm ( TCBP ) and biotech firm Trinity Biotech ( TRIB ) , which dropped 6.2% and 4.9% respectively. They were followed by biopharmaceutical company Mereo BioPharma Group ( MREO ) and pharmaceutical company Silence Therapeutics ( SLN ) , which lost 4.5% and 3.2% respectively.

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