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European ADRs Move Higher in Wednesday Trading


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American depositary receipts of European stocks were trading 0.09% higher at 141.82 on the Bank of New York Mellon Europe ADR Index on Wednesday.

In continental Europe, the gainers were led by hotel booking site Trivago ( TRVG ), up 3.8%, followed by gene therapy Cellectis ( CLLS ), and Deutsche Bank ( DB ), which climbed 2.1% and 1.6%.

The decliners in continental Europe were led by telecommunications provider Telecom Italia ( TI ), and semiconductor company STMicroelectronics ( STM ), which were down 3.5% and 1.1% respectively. They were followed by brewing company AB InBev (BUD), and pharmaceutical firm Sanofi (SNY), which lost 0.9% and 0.7%.

In the UK and Ireland, the gainers were led by gene therapy company Nightstar (NITE), and biopharmaceutical firm Adaptimmune Therapeutics (ADAP), which rose 6.9% and 4.5% respectively. They were followed by biopharmaceutical company GW Pharmaceuticals (GWPH), and mining company Randgold Resources (GOLD), which were up 2.3% and 2.0%.

The decliners in the UK and Ireland were led by biopharmaceutical firms NuCana (NCNA) and Midatech Pharma (MTP), which dropped 13.5% and 5.1% respectively. They were followed by biopharmaceutical company Verona Pharma (VRNA), and airline operator Ryanair (RYAAY), which lost 3.7% and 2.3%.

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: TRVG , CLLS , DB , TI , STM



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