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European ADRs Move Higher in Monday Trading


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American Depositary Receipts of European stocks were trading 0.78% higher at 127.04 on the Bank of New York Mellon Europe ADR Index on Monday.

In continental Europe, the gainers were led by biopharmaceutical firm argenx ( ARGX ), which surged 12.7, followed by semiconductor company STMicroelectronics ( STM ), computer hardware maker Logitech ( LOGI ), and marketing firm Criteo ( CRTO ), which rose 5.1%, 4.6%, and 3.2% respectively.

The decliners in continental Europe were led by biotech company Zealand Pharma ( ZEAL ), and hotel booking site Trivago (TRVG), which fell 8.1% and 6.7% respectively. They were followed by pharmaceutical company Oasmia Pharmaceutical (OASM), and 3D printer manufacturer voxeljet (VJET), which were off 6% and 1%.

In the UK and Ireland, the gainers were led by mining company BHP Billiton (BBL), and biopharmaceutical firm Verona Pharma (VRNA), which were up 5.3% and 5.2% respectively. They were followed by biopharmaceutical company Adaptimmune Therapeutics (ADAP), and mining company Rio Tinto (RIO), which rose 3.9% and 2.7%.

The decliners in the UK and Ireland were led by Midatech Pharma (MTP), and pharmaceutical company GlaxoSmithKline (GSK), which shed 10.7% and 8% respectively. They were followed by telecommunications operator BT Group (BT), which lost 2.4%.

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: ARGX , STM , LOGI , CRTO , ZEAL



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