11:10 AM EDT, 03/26/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were trending modestly higher Tuesday morning, rising 0.22% to 1,372.63 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by financial services company ING (ING) and biopharmaceutical company DBV Technologies (DBVT), which rose 2% and 1.7% respectively. They were followed by telecommunications operator Telefonica (TEF) and software firm SAP (SAP), which increased 2% and 1.5% respectively.

The decliners from continental Europe were led by semiconductor company Sequans Communications (SQNS), which rose 3.5%, followed by medical device maker EDAP TMS (EDAP) and biopharmaceutical company Cellectis (CLLS), which were down 2% each. Biotech firm Biophytis (BPTS) decreased 1.4%.

From the UK and Ireland, the gainers were led by biotech firm Trinity Biotech (TRIB) and biopharmaceutical company Verona Pharma (VRNA), which rose 4.2% and 4.1% respectively. They were followed by biopharmaceutical companies Amarin (AMRN) and TC Biopharm (TCBP), which increased 3.1% and 1.4% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies NuCana (NCNA) and Biodexa Pharmaceuticals (BDRX), which lost 8.9% and 2.6% respectively. They were followed by software firm Endava (DAVA) and mining company BHP Group (BHP), which were down 2.8% and 1.1% respectively.

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