Quantcast

European ADRs Move Lower in Wednesday Trading


Shutterstock photo

American depositary receipts of European stocks were trading 0.32% lower at 139.31 on the Bank of New York Mellon Europe ADR Index on Wednesday.

In continental Europe, the gainers were led by pharmaceutical firm Oasmia Pharmaceutical ( OASM ), which surged 18.8%, followed by telecommunications provider Telecom Italia ( TI ), 3D printer maker voxeljet ( VJET ), and bitoech company argenx ( ARGX ), which rose 3.4%, 2.3%, and 1.5% respectively.

The decliners in continental Europe were led by semiconductor company STMicroelectronics ( STM ), and cell therapy company TiGenix (TIG), which fell 7.3% and 6.1% respectively. They were followed by hotel booking site Trivago (TRVG), and online dating site operator Spark Networks (LOV), which dropped 4.2% and 4%.

In the UK and Ireland, the gainers were led by biopharmaceutical companies NuCana (NCNA) and Adaptimmune Therapeutics (ADAP), which rose 9.5% and 2.9% respectively. They were followed by airline operator Ryanair (RYAAY), and publishing company Pearson (PSO), which were up 1.4% and 1%.

The decliners in the UK and Ireland were led by insurance company Prudential (PUK), and biopharmaceutical firm Verona Pharma (VRNA), which lost 2.4% and 1.4% respectively. They were followed by communications group WPP (WPP), and Trinity Biotech (TRIB), which were off 1.3% and 1.2%.

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: OASM , TI , VJET , ARGX , STM



More from MT Newswires

Subscribe






MT Newswires
Contributor:

MT Newswires

Market News, Commodities










Research Brokers before you trade

Want to trade FX?