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European ADRs Move Higher in Tuesday Trading


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American depositary receipts of European stocks were trading 1.38% higher at 141.61 on the Bank of New York Mellon Europe ADR Index on Tuesday.

In continental Europe, the gainers were led by semiconductor company STMicroelectronics ( STM ), and communications services provider VEON Com ( VEON ), which rose 4.4% and 4.3% respectively. They were followed by telecommunications provider Telecom Italia ( TI ), and ASML ( ASML ), a manufacturer of chip-making equipment, which climbed 4.0% and 3.0%.

The decliners in continental Europe were led by software firm Talend ( TLND ), and 3D printer company voxeljet (VJET), which fell 1.0% and 0.6% respectively. They were followed by biotech firm argenx (ARGX), and geophysical equipment company CGG (CGG), which were down 0.3% and 0.1%.

In the UK and Ireland, the gainers were led by biopharmaceutical firm Amarin (AMRN), and mining company BHP Billiton (BBL), which rose 4.8% and 4.6% respectively. They were followed by pharmaceutical company Avadel (AVDL), and mining company Rio Tinto (RIO), which were up 4.2% and 3.9%.

The only decliners in the UK and Ireland were led electricity and gas utility National Grid (NGG), and consumer goods company Unilever (UL), which were down 1.1% and 0.5% respectively.

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: STM , VEON , TI , ASML , TLND



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