European Equities Traded in the US as American Depositary Receipts Decline Friday
European equities traded in the US as American depositary receipts were lower on Friday morning, down 0.6% to 1,935.76 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by medical device company FocalTherics (FOCL) and steelmaker ArcelorMittal (MT), which rose 2.3% and 1.8% respectively.They were followed by bank BBVA (BBVA), which added 0.8%.The decliners from continental Europe were led by pharmaceutical giant Novo Nordisk (NVO) and healthcare company Grifols (GRFS), which shed 8.6%.which fell 4.5% and respectively.They were followed by biotech company Inventiva (IVA), which declined 3.3%.From the UK and Ireland, the gainers were led by banking and insurance company NatWest (NWG) and semiconductor company Arm (ARM), which rose 4% and 3.1% respectively.The decliners from the UK and Ireland were led by analytics provider RELX (RELX), which dropped 3.7%. Business services group Rentokil Initial (RTO) shed 2.2% and telecom Vodafone (VOD), lost 2.1%.
