European Equities Traded in the US as American Depositary Receipts Fall Sharply in Thursday Trading

11:05 AM EDT, 10/01/2026 (MT Newswires) -- European equities traded in the US as American depositary receipts were falling sharply late Thursday morning, dropping 1.42% to 1,870.34 on the S&P Europe Select ADR Index. From continental Europe, the gainers were led by semiconductor company Sequans Communications (SQNS) and software firm SAP (SAP), which increased 2.7% and 1.2% respectively. They were followed by medical device maker EDAP TMS (FOCL) and biotech firm BioNTech (BNTX), which were up 0.9% and 0.3% respectively. The decliners from continental Europe were led by biopharmaceutical company DBV Technologies (DBVT) and lender ING (ING), which dropped 4.5% and 3.4% respectively. They were followed by lenders Banco Santander (SAN) and Banco Bilbao Vizcaya Argentaria (BBVA), which lost 2.9% and 2.6% respectively. The gainers from the UK were led by software firm Endava (DAVA) and communications company WPP (WPP), which advanced 6.7% and 3.3% respectively. They were followed by oil and gas company BP (BP) and telecommunications operator Vodafone (VOD), which rose 0.8% and 0.7% respectively. The decliners from the UK and Ireland were led by biopharmaceutical companies Mereo BioPharma Group (MREO) and NuCana (NCNA), which fell 8% and 7.3% respectively. They were followed by biotech firm Trinity Biotech (TRIB) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which were down 4.4% and 4.1% respectively.