European ADRs Move Lower in Friday Trading

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American depositary receipts of European stocks were trading 1.11% lower at 137.93 on the Bank of New York Mellon Europe ADR Index on Friday.

In continental Europe, the gainers were led by 3D printer company voxeljet ( VJET ), and health care company Novartis ( NVS ), which rose 2% and 0.7% respectively. They were followed by semiconductor company STMicroelectronics ( STM ), and computer hardware company Logitech ( LOGI ), which were up 0.5% each.

The decliners in continental Europe were led by banks Banco Bilbao Vizcaya Argentaria ( BBVA ), and Banco Santander (SAN), which lost 4.4% and 4.1% respectively. They were followed by oil and gas company Eni (E), and pharmaceutical company Grifols (GRFS), which were down 3.5% and 2.7%.

In the UK and Ireland, the gainers were led by pharmaceutical company Avadel (AVDL), and biopharmaceutical firm Amarin (AMRN), which climbed 2.5% and 1.8% respectively. They were followed by consumer goods company British American Tobacco (BTI), and biopharmaceutical firm Midatech Pharma (MTP), which were up 1.3% each.

The decliners in the UK and Ireland were led by oil company BP (BP), and mining firm Randgold Resources (GOLD), which fell 3.2% and 1.8% respectively. They were followed by construction materials supplier CRH (CRH), and Royal Bank of Scotland (RBS) which dropped 1.8% and 1.5%.

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: VJET , NVS , STM , LOGI , BBVA

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