European ADRs Move Higher in Wednesday Trading

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American depositaEry receipts of European stocks were trading 0.37% higher at 135.65 on the Bank of New York Mellon Europe ADR Index on Wednesday.

In continental Europe, the gainers were led by oil and gas companies Eni (E ) and Total ( TOT ), which rose 2.3% and 1.9% respectively. They were followed by semiconductor company STMicroelectronics ( STM ), and Logitech ( LOGI ), a provider of personal computer and mobile accessories, which were up 1.4% and 1.1% .

The decliners in continental Europe were led by biotech firm ERYTECH Pharma ( ERYP ), and biopharmaceutical firm Forward Pharma ( FWP ), which lost 5.5% and 1.1% respectively. They were followed by healthcare company Novo Nordisk (NVO), and investment bank ING Groep (ING), which were down 0.8% and 0.5%.

In the UK and Ireland, the gainers were led by oil company BP (BP), and pharmaceutical firm Avadel (AVDL), which climbed 2.5% and 1.5% respectively. They were followed by mining companies BHP Billiton (BBL), and Rio Tinto (RIO), which were up 1.3% and 1.0%.

The decliners in the UK and Ireland were led by biopharmaceutical firm GW Pharmaceuticals (GWPH), which lost 4.5%, followed by banks Royal Bank of Scotland (RBS), and Barclays Bank (BCS), which dropped 2% and 1.8% respectively. Telecommunications provider Vodafone Group (VOD) edged 0.1% higher.

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: TOT , STM , LOGI , ERYP , FWP

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