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European ADRs Move Higher in Thursday Trading


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American depositary receipts of European stocks were trading 0.42% higher at 131.01 on the Bank of New York Mellon Europe ADR Index on Thursday.

In continental Europe, the gainers were led by 3D printing company Materialise ( MTLS ) and biotech firm Forward Pharma ( FWP ), which rose 4.7% and 4.6% respectively. They were followed by 3D printer company voxeljet ( VJET ) and life insurance firm Aegon ( AEG ), which were up 2.2% and 1.8%.

The decliners in continental Europe were led by biopharmaceutical company DBV Technologies ( DBVT ), and furniture maker Natuzzi (NTZ), which fell 1.9% and 1.7% respectively. They were followed by Deutsche Bank (DB) and biopharmaceutical company Ascendis Pharma (ASND), which were off 1.2% and 0.8%.

In the UK and Ireland, the gainers were led by biopharmaceutical company Akari Therapeutics (AKTX), which jumped 29.8%, followed by insurance company Prudential (PUK), which rose 2.3%. Analytics and information provider RELX PLC (RELX) and airline operator Ryanair (RYAAY) were up 1.5% each.

The decliners in the UK and Ireland were led by specialty pharmaceuticals company Midatech Pharma (MTP) and Motif Bio (MTFB), which lost 7.1% and 4.7% respectively. They were followed by software firm Endava (DAVA) and mining company BHP Billiton (BBL), which dropped 3% and 1.1%.

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: MTLS , FWP , VJET , AEG , DBVT




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