European ADRs Move Higher in Friday Trading

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American Depositary Receipts of European stocks were trading 0.17% higher at 137.76 on the Bank of New York Mellon Europe ADR Index on Friday.

In continental Europe, the gainers were led by pharmaceutical firm Ascendis Pharma ( ASND ), and biopharmaceutical company DBV Technologies S.A. ( DBVT ), which rose 4.6% and 4.0% respectively. They were followed by Deutsche Bank ( DB ), and 3D printer company Voxeljet ( VJET ), which was up 3.2% and 2.9%.

The decliners in continental Europe were led by semiconductor company STMicroelectronics ( STM ), and hotel booking site Trivago (TRVG) which lost 1.1% and 0.8% respectively. They were followed by automation company ABB (ABB), which dropped 0.4%.

In the UK and Ireland, the gainers were led by Midatech Pharma (MTP), which rose 2.5% and another bio company, NuCana (NCNA), which was up 2.1%. They were followed by telecommunications provider Vodafone Group (VOD), and information and analytics company RELX PLC (RELX), which were up 1.7% and 1.4%.

The decliners in the UK and Ireland were led by gene therapy company Nightstar (NITE), and mining company Randgold Resources (GOLD), which fell 1.9% and 1.5% respectively. They were followed by banks Royal Bank of Scotland (RBS), and HSBC (HSBC), which were off 0.6% and 0.5%.

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

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This article appears in: Investing , Stocks
Referenced Symbols: ASND , DBVT , DB , VJET , STM

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