11:05 AM EST, 12/09/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were sharply higher late Monday morning, rising 1.14% to 1,363.50 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by furniture maker Natuzzi (NTZ) and telecommunications company Nokia (NOK), which advanced 8.6% and 4.4%, respectively. They were followed by petroleum refiner Equinor (EQNR) and oil and gas company TotalEnergies (TTE), which were up 3.6% and 2.6%, respectively.

The decliners from continental Europe were led by biotech firm Evaxion Biotech (EVAX) and biopharmaceutical company DBV Technologies (DBVT), which fell 7.9% and 4.3%, respectively. They were followed by 3D printer company Materialise (MTLS) and pharmaceutical company Ascendis Pharma (ASND), which dropped 3.9% and 2%, respectively.

From the UK and Ireland, the gainers were led by oil and gas company BP (BP) and mining company BHP Group (BHP), which increased 5.9% and 5.7%, respectively. They were followed by insurance firm Prudential (PUK) and communications company WPP (WPP), which rose 3.8% and 3.6%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies Akari Therapeutics (AKTX) and Adaptimmune Therapeutics (ADAP), which lost 8.7% and 4.3%, respectively. They were followed by cruise line operator Carnival (CUK) and biotech firm Trinity Biotech (TRIB), which were down 4% and 3.2%, respectively.