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.

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This article appears in: Investing , Stocks
Referenced Symbols: OASM , CRTO , MOR , VJET , STM

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