European ADRs Move Higher in Friday Trading

American depositary receipts of European stocks were trading 0.21% higher at 1,062.15 on the BNY Mellon Europe Select ADR Index on Friday.

In continental Europe, the gainers were led by financial services company ING Groep (ING), and Deutsche Bank (DB), which rose 3.8% and 3.5% respectively. They were followed by financial services firm Credit Suisse (CS), and bank Banco Bilbao Vizcaya Argentaria (BBVA), which were up 2.9% each.

The decliners in continental Europe were led by biotech firm Zealand Pharma (ZEAL), and medical equipment company Edap (EDAP), which fell 1.5% and 1.3% respectively. They were followed by pharmaceutical companies Novartis (NVS) and Sanofi (SNY), which lost 1.3% and 1.1%.

In the UK and Ireland, the gainers were led by Barclays Bank (BCS), and mining company Rio Tinto (RIO), which rose 1.9% each. They were followed by Royal Bank of Scotland (RBS), and Lloyds Banking Group (LYG), which were up 1.5% and 1.2% respectively.

The decliners in the UK and Ireland were led by biopharmaceutical company Akari Therapeutics (AKTX), and pharmaceutical company Avadel (AVDL), which were down 2.4% and 1.7% respectively. They were followed by public relations firm WPP (WPP), and information-based analytics provider RELX PLC (RELX), which fell 1.3% and 1.1% respectively.

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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