European ADRs Move Higher in Friday Trading

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American depositary receipts of European stocks were trading 0.76% higher at 135.96 on the Bank of New York Mellon Europe ADR Index on Friday.

In continental Europe, the gainers were led by internet browser company Opera ( OPRA ), and telecommunications infrastructure provider Ericsson ( ERIC ), which rose 6.3% and 3.5% respectively. They were followed by 3D printer company voxeljet ( VJET ), and semiconductor company STMicroelectronics ( STM ),which were up 3.0% and 2.9%.

The decliners in continental Europe were led by geophysical equipment compant CGG ( CGG ), and communications services firm VEON (VEON), which fell 3.1% and 1.3% respectively. They were followed by biotech companies MorphoSys (MOR), and argenx (ARGX), which were off 0.5% and 0.4%.

In the UK and Ireland, the gainers were led by biopharmaceutical firm Adaptimmune Therapeutics (ADAP), which surged 8.2%, followed by mining company BHP Billiton (BBL), construction materials supplier CRH (CRH), and biotech company Shire (SHPG), which rose 2.7%, 2.6%, and 2.2% respectively.

The decliners in the UK and Ireland were led by Midatech Pharma (MTP), which fell 6.4%, followed by biopharmaceutical company NuCana (NCNA), which dropped 3.7%. Consumer goods company British American Tobacco (BTI), and pharmaceutical firm Avadel (AVDL) were down 2.7% and 0.9% respectively.

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: OPRA , ERIC , VJET , STM ,

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