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European Equities Traded in the US as American Depositary Receipts Start Week Higher in Monday Trading

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Last updated: 04/15/2024 11:08:34

11:08 AM EDT, 04/15/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts kicked off the week trending moderately higher Monday morning, rising 0.53% to 1,352.74 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by electronics company Philips (PHG) and financial services company Banco Bilbao Vizcaya (BBVA), which rose 2.8% and 2.3%, respectively. They were followed by kidney dialysis company Fresenius Medical Care (FMS) and financial services company ING (ING), which increased 1.7% and 1.3%, respectively.

The decliners from continental Europe were led by biotech firm Biophytis (BPTS) and biopharmaceutical company Cellectis (CLLS), which fell 11% and 3.7%, respectively. They were followed by hotel booking site trivago (TRVG) and biopharmaceutical company Calliditas Therapeutics (CALT), which lost 3.2% and 1.9% respectively.

From the UK and Ireland, the gainers were led by pharmaceutical company Avadel Pharmaceuticals (AVDL) and insurance firm Prudential (PUK), which rose 6.2% and 1.9%, respectively. They were followed by financial services company Lloyds Banking Group (LYG) and biopharmaceutical company Akari Therapeutics (AKTX), which were up 1.8% and 1.6% respectively.

The decliners from the UK and Ireland were led by biopharmaceutical companies TC Biopharm (TCBP) and NuCana (NCNA), which fell 11% and each. They were followed by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and pharmaceutical company Silence Therapeutics (SLN), which were down 4% and 2.5%, respectively.

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