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

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

MT newswireMT newswire2026/11/09 15:13
11:13 AM EST, 11/09/2026 (MT Newswires) -- European equities traded in the US as American depositary receipts kicked off the week on a strong note late Monday morning, surging 2.17% to 1,894.38 on the S&P Europe Select ADR Index. From continental Europe, the gainers were led by medical device maker EDAP TMS (FOCL) and telecommunications company Nokia (NOK), which climbed 11.5% and 7.8% respectively. They were followed by lenders Banco Santander (SAN) and Banco Bilbao Vizcaya Argentaria (BBVA), which rose 5% and 4.1% respectively. The decliners from continental Europe were led by biotech firm Evaxion (EVAX) and accommodations booking site trivago (TRVG), which lost 6.5% and 1.1% respectively. They were followed by petroleum refiner Equinor (EQNR) and biotech firm BioNTech (BNTX), which dropped 1.8% and 0.3% respectively. The gainers from the UK were led by biopharmaceutical companies Mereo BioPharma Group (MREO) and Bicycle Therapeutics (BCYC), which advanced 5.2% and 3.6% respectively. They were followed by insurance company Prudential (PUK) and mining company BHP Group (BHP), which increased 4.4% and 3.4% respectively. The decliners from the UK and Ireland were led by software firm Endava (DAVA) and biotech firm Trinity Biotech (TRIB), which fell 4.3% and 5.3% respectively. They were followed by medical device maker Smith & Nephew (SNN) and tobacco company British American Tobacco (BTI), which were down 1.2% and 1.3% respectively.
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