11:06 AM EDT, 06/28/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts were moving slightly higher late Friday morning, rising 0.12% to 1,424.97 on the S&P Europe Select ADR Index.

However, the gain likely won't be enough to prevent the index from ending the week marginally lower.

From continental Europe, the gainers were led by telecommunications company Nokia ( NOK ) and software firm SAP (SAP), which rose 1.6% and 1.5% respectively. They were followed by internet advertising firm Criteo ( CRTO ) and biotech firm BioNTech (BNTX), which were up 1.5% and 0.7% respectively.

The decliners from continental Europe were led by hotel booking site trivago (TRVG) and biopharmaceutical company DBV Technologies ( DBVT ) , which fell 2.4% and 6.1% respectively. They were followed by biopharmaceutical company Genfit ( GNFT ) and telecommunications operator Telefonica ( TEF ) , which dropped 3.5% and 2.4% respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical companies Biodexa Pharmaceuticals ( BDRX ) and NuCana ( NCNA ) , which increased 2.3% and 0.8% respectively. They were followed by software firm Endava ( DAVA ) and pharmaceutical company Silence Therapeutics ( SLN ) , which rose 2% and 0.8% respectively.

The decliners from the UK and Ireland were led by biotech firm Autolus Therapeutics ( AUTL ) and financial services company Lloyds Banking Group ( LYG ) , which lost 2.7% and 2.8% respectively. They were followed by communications company WPP ( WPP ) and biopharmaceutical company Akari Therapeutics ( AKTX ) , which were down 2.4% and 2.3% respectively.