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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.

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



This article appears in: Investing , Stocks
Referenced Symbols: TI , VJET , AEG , GRFS , NVO



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