Quantcast

European ADRs Move Lower in Wednesday Trading


Shutterstock photo

American depositary receipts of European stocks were trading 0.53% lower at 140.36 on the Bank of New York Mellon Europe ADR Index on Wednesday.

In continental Europe, the gainers were led by financial services firm Credit Suisse ( CS ), and geophysical equipment company CGG ( CGG ), which rose 5.0% and 2.2% respectively. Also higher were semiconductor company STMicroelectronics ( STM ), and online dating site operator Spark Networks ( LOV ), up 3.9% and 2.5%.

The decliners in continental Europe were led by biopharmaceutical company Biofrontera ( BFRA ), and oil company Statoil (STO), which fell 6.1% and 2.4% respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT), and health care company Fresenius Medical Care (FMS), which dropped 2.1% and 1.9% respectively.

In the UK and Ireland, the gainers were led by construction materials supplier CRH (CRH), and educational materials publisher Pearson (PSO), which climbed 2.6% and 1.1% respectively. They were followed by communications company WPP (WPP), and electricity and gas utility National Grid (NGG) which were up 0.6% and 0.4%.

The decliners in the UK and Ireland were led by pharmaceutical company GlaxoSmithKline (GSK), and biotech firm Shire (SHPG), which lost 3.6% and 2.1% respectively. Also losing ground were biopharmaceutical company Amarin (AMRN), and Lloyds Banking Group (LYG), which shed 1.6% 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: CS , STM , LOV , BFRA



More from MT Newswires

Subscribe






MT Newswires
Contributor:

MT Newswires

Market News, Commodities










Research Brokers before you trade

Want to trade FX?