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European ADRs Move Higher in Wednesday Trading


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American depositary receipts of European stocks were trading 0.30% higher at 135.82 on the Bank of New York Mellon Europe ADR Index on Wednesday.

In continental Europe, the gainers were led by pharmaceutical company Oasmia Pharmaceutical ( OASM ), and marketing firm Criteo ( CRTO ), which rose 9.2% and 2.7% respectively. They were followed by biotech company MorphoSys ( MOR ), which was up 1%.

The decliners in continental Europe were led by 3D printer maker voxeljet ( VJET ), and semiconductor company STMicroelectronics ( STM ), which fell 2.7% and 2.0% respectively. They were followed by biopharmaceutical firm DBV Technologies (DBVT), and ASML (ASML), a manufacturer of chip-making equipment, which dropped 1.3% and 0.6%.

In the UK and Ireland, the gainers were led by airline operator Ryanair (RYAAY), and consumer goods company British American Tobacco (BTI), which climbed 3.0% and 2.5% respectively. They were followed by telecommunications provider BT Group (BT), and biopharmaceutical firm Amarin (AMRN), which were up 2.4% and 1.3%.

The decliners in the UK and Ireland were led by biotech firm Trinity Biotech (TRIB), which lost 0.8%, followed by mining companies BHP Billiton (BBL) and Rio Tinto (RIO), which were off 0.4% and 0.3% respectively. Gene therapy company Nightstar (NITE) was down 0.2%.

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: OASM , CRTO , MOR , VJET , STM



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