European ADRs Move Higher in Thursday Trading

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American depositary receipts of European stocks were trading 1.06% higher at 135.79 on the Bank of New York Mellon Europe ADR Index on Thursday.

In continental Europe, the gainers were led by hotel booking site Trivago ( TRVG ), and biotech company Forward Pharma ( FWP ), which climbed 5.5% and 4.6% respectively. They were followed by semiconductor company marketing firm Criteo ( CRTO ), and STMicroelectronics ( STM ), which were up 4% and 3.9%.

The decliners in continental Europe were led by internet browser company Opera ( OPRA ), and 3D printer company Materialise (MTLS), which fell 3.4% and 2.2% respectively. They were followed by pharmaceutical firm Oasmia Pharmaceutical (OASM), and geophysical equipment company CGG (CGG), which were off 2.2% and 1.6% respectively.

In the UK and Ireland, the gainers were led by biotech firm GW Pharmaceuticals (GWPH), and mining company Rio Tinto (RIO), which rose 7% and 3.4% respectively. They were followed by data and analytics provider RELX PLC (RELX), and insurance firm Prudential (PUK), which were up 2.6% each.

The decliners in the UK and Ireland were led by biopharmaceutical firm Akari Therapeutics (AKTX), and biotech company Autolus Therapeutics (AUTL), which were down 3.9% and 2.4% respectively. They were followed by telecommunications provider BT Group (BT), and communications group WPP (WPP), which were off 1.2% and 0.6%.

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: TRVG , FWP , CRTO , STM , OPRA

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