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European ADRs Move Lower in Tuesday Trading


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American depository receipts of European stocks were trading 0.18% lower at 136.69 on the Bank of New York Mellon Europe ADR Index on Tuesday.

In continental Europe, the gainers were led by technology company Criteo ( CRTO ), and geophysical equipment company CGG ( CGG ), which rose 3.9% and 1.8% respectively. They were followed by semiconductor company, STMicroelectronics ( STM ), and online dating site owner Spark Networks ( LOV ), which were up 0.4% and 0.3%.

The decliners in continental Europe included booking site Trivago ( TRVG ), which dropped 0.9%, and health care company Novo Nordisk (NVO),which declined 1.2%. Biotech firm Argenx (ARGX) was down 0.1%.

In the UK and Ireland, the gainers were led by biopharmaceutical companies NuCana (NCNA), and Verona Pharma (VRNA), which rose 7.1% and 6.9% respectively. They were followed by pharmaceutical company GlaxoSmithKline (GSK), and medical device maker Smith & Nephew (SNN), which were up 2.9% and 0.8%.

The decliners in the UK and Ireland were led by biopharmaceutical firms Akari Therapeutics (AKTX), and Midatech Pharma (MTP), which lost 2.7% and 2.6% respectively. They were followed by GW Pharmaceuticals (GWPH), and Barclays Bank (BCS), which dropped 2.8% and 1.1%.

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: CRTO , STM , LOV , TRVG



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