American depository receipts of European stocks were trading 0.44% lower at 141.23 on the Bank of New York Mellon Europe ADR Index on Friday.
Oil companies saw mixed results in a week that included a drop for crude oil prices to four-year lows. Telecommunications stocks and health care companies edged down.
Decliners Friday were led by Abengoa ( ABGB ), an energy and environmental technology company, which was down 38.5%. The price change came as the company said that debt raised by its subsidiary Abengoa Greenfield would be classified as non-recourse. In an SEC filing issued on Friday morning the company attempted to clarify a misunderstanding around its calculation of corporate net debt and around the guarantees provided under one of its high yield bonds, a green bond issued on September 30 through its subsidiary Abengoa Greenfield.
Meanwhile, telecommunication company Nokia ( NOK ) slid 4.1% and VimpelCom - Com ( VIP ), a provider of mobile telecommunication services, slid 2.9%.
Health care company Novartis ( NVS ) dropped 0.9% and AB InBev ( BUD ), a brewing company, also slid 0.9%.
In the UK, pharmaceutical company AstraZeneca (AZN) edged down 2.2% while diversified building material company CRH (CRH) slid 2.2%.
Mining companies BHP Billiton (BBL) and Rio Tinto (RIO) fell 1.1% and 0.9% respectively, while microprocessor designer ARM (ARMH) slid 1.0%.
Continental European gainers were led by CGG (CGG), a geophysical equipment manufacturer, up 6.0% while National Bank of Greece (NBG) expanded 2.4% and oil company Statoil (STO) rose 1.5%.
Swiss software provider Logitech (LOG) jumped 1.1%, while STMicroelectronics (STM), a semiconductor company, edged up 1.5%.
In the UK, commercial jet aircraft lessor Fly Leasing (FLY), lifted 3.6%, information solutions provider Reed Elsevier (RUK) jumped 0.9% and oil company Royal Dutch Shell - A Shares (RDS.A) and (RDS.B) expanded 0.6% and 0.3% respectively.
Barclays Bank (BCS) was up 0.5%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
