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.

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This article appears in: Investing , Stocks
Referenced Symbols: CRTO , STM , LOV , TRVG

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