Voxeljet Ag. (
) led declines among American depositary receipts of European
companies Monday as the region's markets fell on disappointing
German output data.
The biggest European economy's industrial production dropped
1.8% in May, the sharpest monthly decline in two years.
The Bank of New York Mellon Europe ADR Index fell 1.1%, compared
with a 0.5% decline for the S&P 500 Stock Index.
Voxeljet, a German maker of 3-D printing systems, fell 7.6% to
$22.41 per ADR, leading the decline for European companies.
European energy companies posted broad declines as oil fell
below $104 a barrel to a one-month low on expectations that Libya
would resume exports. Decliners included Total (
) -1.5%, Eni (
) -1.4%, Statoil (
) -0.9% and BP (
ADR decliners included Bank of Ireland (IRE) -4.4%, Ryanair
Holdings Plc. (RYAAY) -3.8% and Portugal Telecom SGPS Sa. (PT)
ADR advancers included Turkcell Iletsim Hizmet (TKC) +2.6%, Edap
TMS Sa. (EDAP) +1.4% and Fresenius Medical Care Ag. (FMS) +1%.
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