European Equities Traded in the US as American Depositary Receipts Fall in Wednesday Trading
European equities traded in the US as American depositary receipts were tracking lower Wednesday morning, dropping 0.72% to 1,914.58 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by petroleum refiner Equinor (EQNR) and oil and gas company Eni (E), which advanced 2.6% and 2.2%, respectively. They were followed by biotech firm Evaxion (EVAX) and software company SAP (SAP), which increased 1.2% and 0.1%, respectively.The decliners from continental Europe were led by accommodations booking site trivago (TRVG) and biopharmaceutical company Cellectis (CLLS), which shed 8.9% and 4.5%, respectively. They were followed by pharmaceutical company Sanofi (SNY) and biopharmaceutical company DBV Technologies (DBVT), which decreased 1.7% and 1.5%, respectively.The gainers from the UK were led by biopharmaceutical company Mereo BioPharma Group (MREO) and oil and gas company BP (BP), which climbed 3.7% and 2.6%, respectively. They were followed by oil and gas firm Shell (SHEL) and hospitality company InterContinental Hotels Group (IHG), which were up 0.9% and 0.4%, respectively.The decliners from the UK and Ireland were led by pharmaceutical company Silence Therapeutics (SLN) and software firm Endave (DAVA), which fell 5.8% and 3.4%, respectively. They were followed by mining company BHP Group (BHP) and communications company WPP (WPP), which were down 2.3% and 1.8%, respectively.