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European ADRs Move Lower in Tuesday Trading


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American depositary receipts of European stocks were trading 0.46% lower at 139.91 on the Bank of New York Mellon Europe ADR Index on Tuesday.

In continental Europe, the gainers were led by software firm Talend ( TLND ), and 3D printer company voxeljet ( VJET ), which rose 1.6% and 1.2% respectively. They were followed by health care company Novo Nordisk ( NVO ), which was up $1.3% and network infrastructure provider, Nokia ( NOK ), up 0.8%.

The decliners in continental Europe were led by pharmaceutical company Oasmia Pharmaceutical ( OASM ), and medical equipment maker Edap (EDAP), which lost 7.7% and 2.4% respectively. They were followed by hotel booking site Trivago (TRVG), and semiconductor company STMicroelectronics (STM), which were off 2.3% and 2.2%.

In the UK and Ireland, the gainers were led by biopharmaceutical firm GW Pharmaceuticals (GWPH), which climbed 1.5%, followed by airplane lessor Fly Leasing (FLY) and biotech company Shire (SHPG), which increased 1.4%.

The decliners in the UK and Ireland included biopharmaceutical firms NuCana (NCNA), and Amarin (AMRN), which dropped 2.5% and 3.2% respectively. Also declining were communications company WPP (WPP), which lost 2.6% and biopharmaceutical company Adaptimmune Therapeutics (ADAP), which fell 3.6% each.

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: TLND , VJET , NVO , NOK , OASM



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