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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.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.



This article appears in: Investing , Stocks
Referenced Symbols: VJET , NVS , STM , LOGI , BBVA


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