Financial Wire

European Equities Traded in the US as American Depositary Receipts Surge in Wednesday Trading

European equities traded in the US as American depositary receipts were trending sharply higher late Wednesday morning, advancing 3.16% to 1,808.76 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by lender Banco Santander (SAN) and biotech firm Evaxion (EVAX), which climbed 7.4% and 7.2%, respectively. They were followed by lenders Banco Bilbao Vizcaya Argentaria (BBVA) and ING Group (ING), which advanced 6.6% and 6%, respectively.The decliners from continental Europe were led by petroleum refiner Equinor (EQNR) and oil and gas company Eni (E), which fell 9.2% and 5.5%, respectively. They were followed by accommodations booking company trivago (TRVG), which was down 3.2%.The gainers from the UK were led by cruise line operator Carnival (CUK) and lender Barclays (BCS), which rose 13% and 8.2%, respectively. They were followed by lender Lloyds Banking Group (LYG) and hospitality company InterContinental Hotels Group (IHG), which were up 8.1% and 7.7%, respectively.The decliners from the UK and Ireland were led by biopharmaceutical company NuCana (NCNA) and oil and gas company BP (BP), which dropped 4.9% and 4.5%, respectively. They were followed by biopharmaceutical company Akari Therapeutics (AKTX) and oil and gas company Shell (SHEL), which lost 4.2% and 3.4%, respectively.

-- European equities traded in the US as American depositary receipts were trending sharply higher late Wednesday morning, advancing 3.16% to 1,808.76 on the S&P Europe Select ADR Index.

From continental Europe, the gainers were led by lender Banco Santander (SAN) and biotech firm Evaxion (EVAX), which climbed 7.4% and 7.2%, respectively. They were followed by lenders Banco Bilbao Vizcaya Argentaria (BBVA) and ING Group (ING), which advanced 6.6% and 6%, respectively.

The decliners from continental Europe were led by petroleum refiner Equinor (EQNR) and oil and gas company Eni (E), which fell 9.2% and 5.5%, respectively. They were followed by accommodations booking company trivago (TRVG), which was down 3.2%.

The gainers from the UK were led by cruise line operator Carnival (CUK) and lender Barclays (BCS), which rose 13% and 8.2%, respectively. They were followed by lender Lloyds Banking Group (LYG) and hospitality company InterContinental Hotels Group (IHG), which were up 8.1% and 7.7%, respectively.

The decliners from the UK and Ireland were led by biopharmaceutical company NuCana (NCNA) and oil and gas company BP (BP), which dropped 4.9% and 4.5%, respectively. They were followed by biopharmaceutical company Akari Therapeutics (AKTX) and oil and gas company Shell (SHEL), which lost 4.2% and 3.4%, respectively.