financetom
World
financetom
/
World
/
European Equities Traded in US as American Depositary Receipts Surge on Monday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
European Equities Traded in US as American Depositary Receipts Surge on Monday
Jan 6, 2025 8:43 AM

11:16 AM EST, 01/06/2025 (MT Newswires) -- European equities trading in the US as American depositary receipts were sharply higher late Monday morning, as the S&P Europe Select ADR Index rose 1.6% to 1,315.5.

From continental Europe, the gainers were led by biopharmaceutical company Cellectis ( CLLS ) and 3D printer company Materialise (MTLS), which climbed 20% and 6% respectively. They were followed by financial services company Banco Bilbao Vizcaya Argentaria ( BBVA ) and semiconductor company Sequans Communications ( SQNS ) that increased almost 5% and 3%, respectively.

The worst decliners in continental Europe were pharmaceutical company Novo Nordisk ( NVO ) and consumer goods giant Unilever ( UL ) losing roughly 2% each. They were followed by pharmaceutical company Ascendis Pharma ( ASND ) and Natuzzi (NTZ), which were down nearly 2% and 1%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Akari Therapeutics ( AKTX ), (AKTX) and alcoholic beverage company Diageo ( DEO ) , gaining 6% and 3%, respectively. They were followed by pharmaceutical company Silence Therapeutics (SLN) and insurance firm Prudential (PUK), which were up 2.6% and 2.9%, respectively.

The worst decliners in the UK and Ireland were biopharmaceutical company TC Biopharm ( TCBP ) and communications company WPP ( WPP ) , shedding 11% and 2% respectively. They were followed by biotech firm Autolus Therapeutics ( AUTL ) , which dropped 2.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MORNING BID ASIA-Peace hopes pierce gloom, but safety trades dominate
MORNING BID ASIA-Peace hopes pierce gloom, but safety trades dominate
Feb 24, 2025
Feb 25 (Reuters) - A look at the day ahead in Asian markets. World markets are at a delicate juncture as a string of unexpectedly soft economic indicators intensify U.S. growth concerns, just as rising global trade tensions and geopolitical uncertainty are already clouding the investment landscape. Stocks are feeling the heat and the dollar is under pressure too, while...
Morning Bid: Peace hopes pierce gloom, but safety trades dominate
Morning Bid: Peace hopes pierce gloom, but safety trades dominate
Feb 24, 2025
(Reuters) - A look at the day ahead in Asian markets.  World markets are at a delicate juncture as a string of unexpectedly soft economic indicators intensify U.S. growth concerns, just as rising global trade tensions and geopolitical uncertainty are already clouding the investment landscape. Stocks are feeling the heat and the dollar is under pressure too, while safe-haven assets...
CANADA FX DEBT-Canadian dollar sticks to recent sideways trading pattern
CANADA FX DEBT-Canadian dollar sticks to recent sideways trading pattern
Feb 24, 2025
* Loonie trades in a range of 1.4183 to 1.4244 * Speculators cut bearish bets on the currency * Price of U.S. oil settles 0.4% higher * Bond yields ease across the curve By Fergal Smith TORONTO, Feb 24 (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Monday, extending its recent sideways trading pattern, as investors awaited...
CANADA STOCKS-TSX ends near flat ahead of bank earnings reports
CANADA STOCKS-TSX ends near flat ahead of bank earnings reports
Feb 24, 2025
* TSX ends up 0.02% at 25,151.26 * Consumer staples sector adds 2.1% * Energy falls 0.9% * BMO, Scotiabank report on Tuesday (Updates at market close) By Ragini Mathur and Fergal Smith Feb 24 (Reuters) - Canada's main stock index ended nearly unchanged on Monday as investors awaited quarterly earnings reports from the nations major banks, with gains for...
Copyright 2023-2025 - www.financetom.com All Rights Reserved