European ADRs Move Lower in Thursday Trading

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American depositary receipts of European stocks were trading 0.73% lower at 134.71 on the Bank of New York Mellon Europe ADR Index on Thursday.

In continental Europe, the gainers were led by telecommunications operator Telecom Italia ( TI ), and 3D printer company voxeljet ( VJET ), which rose 2% and 1.8% respectively. They were followed by insurance company Aegon ( AEG ), and pharmaceutical company Grifols ( GRFS ), which were up 1.7% and 1.1%.

The decliners in continental Europe were led by health care company Novo Nordisk ( NVO ), and biopharmaceutical company DBV Technologies (DBVT), which fell 7.8% and 4.7% respectively. They were followed by semiconductor company STMicroelectronics (STM), and medical equipment and technology company Philips Electronics (PHG), which lost 3.2% and 2.8%.

In the UK and Ireland, the gainers were led biopharmaceutical firm Amarin (AMRN), and mining company BHP Billiton (BBL), which climbed 6.9% and 1.3% respectively. They were followed by Barclays Bank (BCS), and Royal Bank of Scotland (RBS), which rose 1.1% each.

The decliners in the UK and Ireland were led by data and analytics provider RELX (RELX), and biopharmaceutical company GW Pharmaceuticals (GWPH), which lost 3.7% and 3.6% respectively. They were followed by biopharmaceutical firm NuCana (NCNA), and medical equipment company Smith & Nephew (SNN), which were off 3.4% and 1.8%.

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: TI , VJET , AEG , GRFS , NVO

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