European Equities Traded in the US as American Depositary Receipts Edge Lower Friday; Set to End Week Up 0.5%

11:10 AM EDT, 08/30/2024 (MT Newswires) -- European equities traded in the US as American depositary receipts edged lower late Friday morning, nudging down 0.03% to 1,476.31 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by medical device maker EDAP TMS (EDAP) and furniture maker Natuzzi (NTZ), which climbed 7.1% and 5.5%, respectively. They were followed by biopharmaceutical company Grifols (GRFS) and internet advertising firm Criteo (CRTO), which rose 3.3% and 2.7%, respectively.

The decliners from continental Europe were led by biotech firm Evaxion Biotech (EVAX) and petroleum refiner Equinor (EQNR), which fell 5.1% and 2.5%, respectively. They were followed by hotel booking site trivago (TRVG) and telecommunications operator Nokia (NOK), which were down 1.5% and 1.2%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical companies Verona Pharma (VRNA) and TC Biopharm (TCBP), which rose 3.3% and 3%, respectively. They were followed by biotech firm Autolus Therapeutics (AUTL) and biopharmaceutical company Amarin (AMRN), which were up 1.5% and 1.3%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company NuCana (NCNA), which plunged 52%, followed by Trinity Biotech (TRIB) and pharmaceutical company Silence Therapeutics (SLN), which fell 3.5% and 2.2%, respectively, while oil and gas company Shell (SHEL) dropped 1.9%.