European equities traded in the US as American depositary receipts were edging lower late Wednesday morning, declining 0.12% to 1,959.45 on the S&P Europe Select ADR Index.
From continental Europe, the gainers were led by telecommunications company Nokia (NOK) and semiconductor company Sequans Communications (SQNS), which advanced 8.7% and 8.5%, respectively. They were followed by telecommunications company Ericsson (ERIC) and accommodations booking site trivago (TRVG), which rose 2.3% and 2.1%, respectively.
The decliners from continental Europe were led by medical device maker EDAP (FOCL) and software company SAP (SAP), which shed 17% and 2.9%, respectively. They were followed by biotech firm Evaxion (EVAX) and pharmaceutical company Novo Nordisk (NVO), which fell 2.6% and 2.2%, respectively.
The gainers from the UK were led by biopharmaceutical firms NuCana (NCNA) and Amarin (AMRN), which increased 4.9% and 1.6%, respectively. They were followed by lender Lloyds Banking Group (LYG) and utilities company National Grid (NGG), which were up 1.5% and 1.3%, respectively.
The decliners from the UK and Ireland were led by biopharmaceutical company Mereo BioPharma Group (MREO) and biotech firm Trinity Biotech (TRIB), which lost 7% and 5.8% respectively. They were followed by software firm Endava (DAVA) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which dropped 3.3% and 2.7% respectively.