DR Market News Briefs

European Equities Traded in the US as American Depositary Receipts Rise Sharply Friday, Up 2.7% for Week


Last updated: 11/17/2023 11:15:00

11:15 AM EST, 11/17/2023 (MT Newswires) -- European equities traded in the US as American depositary receipts were trending sharply higher Friday, rising 1.2% to 1,222.52 on the S&P Europe Select ADR Index, which is up approximately 2.7% for the week.

From continental Europe, the gainers were led by biopharmaceutical companies Cellectis (CLLS) and Calliditas Therapeutics (CALT), which rose 4.6% and 3% respectively. They were followed by biotech firm Evaxion Biotech (EVAX) and petroleum refiner Equinor (EQNR), which increased 2.7% and 2% respectively.

The decliners from continental Europe were led by hotel booking site trivago (TRVG) and 3D printer company voxeljet (VJET), which fell 9% and 7% respectively. They were followed by biopharmaceutical company MorphoSys (MOR), which declined more than 3%.

From the UK and Ireland, the gainers were led by biotech firm Trinity Biotech (TRIB) and software firm Endava (DAVA), which rose 6% and 4.8% respectively. They were followed by insurance firm Prudential (PUK) and financial services company Barclays (BCS), which were up 3.5% and 3% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company TC Biopharm (TCBP) and pharmaceutical company Avadel Pharmaceuticals (AVDL), which lost 5.6% and 2% respectively. They were followed by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company NuCana (NCNA), which were down 1.7% and 1.2% respectively.

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