11:07 AM EDT, 06/06/2024 (MT Newswires) -- Tech firms were leading European equities traded in the US as American depositary receipts moderately higher late Thursday morning, rising 0.50% to 1,448.39 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by semiconductor company Sequans Communications ( SQNS ) and software firm SAP (SAP), which rose 4.3% and 2.4%, respectively. They were followed by brewing company Anheuser-Busch InBev ( BUD ) and hotel booking site trivago (TRVG), which were up 2.3% and 1.8%, respectively.

The decliners from continental Europe were led by biopharmaceutical company Cellectis ( CLLS ) and telecommunications company VEON (VEON), which dropped 3.3% and 3.1%, respectively. They were followed by biopharmaceutical company Calliditas Therapeutics ( CALT ) and medical device maker EDAP TMS ( EDAP ) , which lost 1.9%, each.

From the UK and Ireland, the gainers were led by software firm Endava ( DAVA ) and biopharmaceutical company Amarin ( AMRN ) , which increased 5.7% and 2%, respectively. They were followed by alcoholic beverage company Diageo ( DEO ) and biopharmaceutical company Akari Therapeutics ( AKTX ) , which increased 1.6% and 1.4%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company Bicycle Therapeutics ( BCYC ) and educational publisher Pearson (PSO), which fell 1.4% and 1.2%, respectively. They were followed by biopharmaceutical companies Verona Pharma ( VRNA ) and TC Biopharm ( TCBP ) , which were down 1.1% and 0.9%, respectively.