11:09 AM EDT, 03/16/2023 (MT Newswires) -- Oil and gas stocks led European equities slightly lower in Thursday trading as American depositary receipts of European stocks declined 0.1% to 1,094.27 on the S&P Europe Select ADR Index.
In continental Europe, the gainers were led by furniture maker Natuzzi (NTZ) and biopharmaceutical company MorphoSys (MOR), which rose 2.8% and 2.7%, respectively. They were followed by dating app owner Spark Networks (LOV) and software company SAP (SAP), which were up 2.6% and 2.5%, respectively.
The decliners in continental Europe were led by biopharmaceutical company Grifols (GRFS) and hotel booking site trivago (TRVG), which fell 7% and 6.9%, respectively. They were followed by oil and gas company Eni (E) and petroleum refiner Equinor (EQNR), which dropped 2.9% and 2.7%, respectively.
In the UK and Ireland, the gainers were led by biopharmaceutical company Adaptimmune Therapeutics (ADAP) and financial services company Lloyds Banking Group (LYG), which rose 4% and 2.5%, respectively. They were followed by construction materials supplier CRH (CRH), which was up 2.4%.
The decliners in the UK and Ireland were led by biotech company Trinity Biotech (TRIB) and oil and gas company Shell (SHEL), which lost 7.6% and 4.1%, respectively. They were followed by oil and gas company BP (BP) and software company Endava (DAVA), which were down 3.4% and 2.6%, respectively.
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