GOLD

European ADRs Edge Lower as Miners Contract

A stock chart with a line and bar graph overlay Credit: Shutterstock photo

American depository receipts of European stocks were 0.3% lower at 123.66 on the Bank of New York Mellon Europe ADR Index on Thursday morning.

Decliners in Continental Europe were led by Unilever - New York Shares ( UN ), a Dutch consumer goods company, 4.9% lower, followed by Talend ( TLND ), a provider of open source integration solutions, down by 3.0%, and Marine Harvest ( MHG ), a Norwegian seafood company, 2.8% lower. Cellectis ( CLLS ), a French genome engineering company, was 2.6% lower.

In the UK, gold mining company Randgold Resources ( GOLD ) was down by 2.9% and Adaptimmune Therapeutics (ADAP), a clinical-stage biopharmaceutical company, was down by 2.8% and miner Rio Tinto (RIO) was 1.9% lower.

Gainers in Continental Europe were led by STMicroelectronics - New York Shares (STM), an Italian semiconductor company, up by 7.6%, followed by Edap (EDAP), a French medical devices developer, 5% higher, TiGenix (TIG), a Belgium-based biopharmaceutical company, up by 3.8% and Oasmia Pharmaceutical (OASM), a Sweden-based pharmaceutical company, up by 3.7%.

And, in the UK, Diageo (DEO), an alcoholic beverages company, was 2.4% higher, followed by Amec Foster Wheeler (AMFW), a global engineering conglomerate, up by 2.1% and Carnival (CUK), a cruise vacation company, up by 2.1% and Royal Bank of Scotland (RBS), 1.7% higher.

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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.