European Equities Traded in the US as American Depositary Receipts Fall Sharply in Tuesday Trading
European equities traded in the US as American depositary receipts were tracking sharply lower late Tuesday morning, falling 1.08% to 1,887.13 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by biopharmaceutical company DBV Technologies (DBVT) and furniture manufacturer Natuzzi (NTZ), which climbed 5 .6% and 4.4% respectively. They were followed by software firm SAP (SAP) and semiconductor company Sequans Communications (SQNS), which advanced 3% and 1.7% respectively.The decliners from continental Europe were led by telecommunications companies Nokia (NOK) and Ericsson (ERIC), which dropped 4.3% and 1.4% respectively. They were followed by lenders Banco Santander (SAN) and ING Group (ING), which lost 1.3% each.The gainers from the UK were led by biopharmaceutical company Akari Therapeutics (AKTX) and biotech firm Autolus Therapeutics (AUTL), which rose 5% and 4.7% respectively. They were followed by alcoholic beverage company Diageo (DEO) and tobacco company British American Tobacco (BTI), which increased 3.1% and 2.8% respectively.The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which fell 40% and 7.3% respectively. They were followed by mining company BHP Group (BHP) and oil and gas company BP (BP), which dropped 3.1% and 1.3% respectively.
