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European Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading
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European Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading
Jan 28, 2025 8:33 AM

11:08 AM EST, 01/28/2025 (MT Newswires) -- European equities traded in the US as American depositary receipts were trending lower late Tuesday morning, declining 0.73% to 1,352.77 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by biotech firm BioNTech (BNTX) and internet browser company Opera (OPRA), which rose 3.8% and 3.6%, respectively. They were followed by 3D printer company Materialise (MTLS) and telecommunications operator Telefonica ( TEF ) , which were up 3.4% and 1.6%, respectively.

The decliners from continental Europe were led by biotech firm Evaxion Biotech (EVAX) and semiconductor company Sequans Communications ( SQNS ) , which fell 8.4% and 6.1%, respectively. They were followed by biopharmaceutical company DBV Technologies ( DBVT ) and accommodations booking site trivago (TRVG), which dropped 5.9% and 2.2%, respectively.

From the UK and Ireland, the gainers were led by biotech firm Trinity Biotech ( TRIB ) , which surged 53%, followed by cruise line operator Carnival (CUK), which moved 6.4% higher. They were followed by hospitality company InterContinental Hotels Group ( IHG ) and software firm Endava ( DAVA ) , which increased 1.6% and 1.2%, respectively.

The decliners from the UK and Ireland were led by biotech firm Autolus Therapeutics ( AUTL ) and biopharmaceutical company TC Biopharm ( TCBP ) , which lost 3.5% each. They were followed by biopharmaceutical company NuCana ( NCNA ) and mining company BHP Group ( BHP ) , which were down 3.1% and 2.3%, respectively.

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