Markets

European ADRs Move Higher in Friday Trading

American depositary receipts of European stocks were trading 0.10% higher at 139.59 on the Bank of New York Mellon Europe ADR Index on Friday.

In continental Europe, the gainers were led by geophysical equipment maker CGG ( CGG ), and ASML ( ASML ), which rose 4.1% and 1.5% respectively. They were followed by oil company Statoil ( STO ), and 3D printer company voxeljet ( VJET ), which climbed 1.3% and 1.1%.

The decliners in continental Europe were led by communications services provider VEON ( VEON ), and marketing firm Criteo (CRTO), which fell 2.6% and 1.4% respectively. They were followed by biotech firm Argenx (ARGX), and Deutsche Bank (DB), which were down 0.9% and 0.5%.

In the UK and Ireland, the gainers were led by biopharmaceutical companies NuCana (NCNA), Adaptimmune Therapeutics (ADAP), and Akari Therapeutics (AKTX), which rose 8.1%, 7.1%, and 4.5% respectively. They were followed by gene therapy company Nightstar (NITE), which was 0.4% higher.

The decliners in the UK and Ireland were led by communications company WPP (WPP), which lost 2.5%. They were followed by banks Royal Bank of Scotland (RBS), and Barclays Bank (BCS), which were down 0.5% and 0.4%.

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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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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