European ADRs Move Higher in Monday Trading


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American depository receipts of European stocks were trading 0.67% higher at 134.57 on the Bank of New York Mellon Europe ADR Index on Monday.

In continental Europe, the gainers were led by health technology company Koninklijke Philips Electronics ( PHG ), and financial services firm Credit Suisse ( CS ), which rose 5.6% and 3.6% respectively. They were followed by 3D printing company Materialise ( MTLS ), and semiconductor company STMicroelectronics ( STM ), which were up 2.9% and 2.8% each.

The decliners in continental Europe were led by geophysical equipment maker CGG ( CGG ), and furniture company Natuzzi (NTZ), which fell 10.7% and 5.2% respectively. They were followed by pharmaceutical firm Oasmia Pharmaceutical (OASM), and medical equipment company Edap (EDAP), which lost 4.7% and 4.4% each.

In the U.K. and Ireland, the gainers were led by GW Pharmaceuticals (GWPH), and airline operator Ryanair (RYAAY), which rose 2.2% and 1.8% respectively. Barclays Bank (BCS) climbed 1.7%, while pharmaceutical company Avadel (AVDL) increased 1.5%.

The decliners in the U.K. and Ireland were led by materials technology company Luxfer (LXFR), and education and media company Pearson (PSO), which fell 1.8% and 1.4% respectively. Biopharmaceutical company Akari Therapeutics (AKTX), and mining company Randgold Resources (GOLD), each dropped 0.8%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.



This article appears in: Investing , Stocks
Referenced Symbols: PHG , CS , MTLS , STM , CGG


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