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European ADRs Move Higher in Tuesday Trading


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American depository receipts of European stocks were trading 0.24% higher at 148.57 on the Bank of New York Mellon Europe ADR Index on Tuesday.

In continental Europe, the gainers were led by geophysical equipment maker CGG ( CGG ), which jumped 16.5%, followed by 3D printer company voxeljet ( VJET ), which surged 6.2%. ASML ( ASML ), a manufacturer of chip-making equipment, and medical equipment maker Edap ( EDAP ) climbed 4% and 3.4% respectively.

The decliners in continental Europe were led by biotech firm argenx ( ARGX ), and 3D printer manufacturer Materialise (MTLS), which fell 3.4% and 3.1% respectively. They were followed by hotel booking and comparison site Trivago (TRVG), down 2%, and cell therapy company Cellectis (CLLS), off 1.8%.

In the UK and Ireland, the gainers were led by biopharmaceutical company NuCana (NCNA) and gene therapy company Nightstar (NITE), which rose 3.4% and 3.1% respectively. They were followed by pharmaceutical company Avadel (AVDL), up 3%, and biopharmaceutical firm Midatech Pharma (MTP), up 2.4%.

The decliners in the UK and Ireland were led by biopharmaceutical firm Adaptimmune Therapeutics (ADAP), and oil company BP (BP), which fell 2.6% each. They were followed by mining companies Rio Tinto (RIO), down 2.3%, and BHP Billiton (BBL), off 1.8%.

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: CGG , VJET , ASML , EDAP , ARGX


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