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European ADRs Move Higher in Thursday Trading


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American Depository Receipts of European stocks were 0.34% higher at 125.37 on the Bank of New York Mellon Europe ADR Index on Thursday.

In continental Europe, gainers were led by biopharmaceutical companies MorphoSys ( MOR ), and Cellectis ( CLLS ), which climbed 10.6% and 5% respectively. They were followed by telecommunications operator Telecom Italia ( TI ), and software firm Talend ( TLND ), which rose 4.4% and 4%.

Decliners in continental Europe were led by network infrastructure provider Nokia ( NOK ), and Deutsche Bank (DB), which fell 4.8% and 4.5% respectively. They were followed by financial services firm Credit Suisse (CS), and bank Banco Bilbao Vizcaya Argentaria (BBVA), which were down 2.7% and 2.3%.

In the UK and Ireland, gainers were led by alcoholic beverages company Diageo (DEO), and biopharmaceutical company Amarin (AMRN), which rose 5% and 4.7% respectively. They were followed by oil and gas company Royal Dutch Shell (RDS-A), and Adaptimmune Therapeutics (ADAP), which were up 4.5% and 3.3%.

Decliners in the UK and Ireland were led by Trinity Biotech (TRIB), and biopharmaceutical firm Akari Therapeutics (AKTX), which lost 4.7% and 3% respectively. They were followed by Barclays Bank (BCS), and telecommunications provider BT Group (BT), which fell 2.4% and 1.6%.

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: MOR , CLLS , TI , TLND , NOK




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