NTZ

European ADRs Move Higher in Thursday Trading

An image of rising and declining prices Credit: Shutterstock photo

American depositary receipts of European stocks were trading 0.19% higher at 139.19 on the Bank of New York Mellon Europe ADR Index on Thursday.

In continental Europe, the gainers were led by cell therapy company TiGenix ( TIG ), and telecommunications provider Telcom Italia ( TI ), which rose 4.4% and 3.8% respectively. They were followed by geophysical equipment company CGG ( CGG ), and semiconductor company STMicroelectronics ( STM ), which were up 3.3% and 2.6%.

The decliners in continental Europe were led by furniture maker Natuzzi ( NTZ ), and Deutsche Bank (DB), which fell 3.3% and 1.1% respectively. They were followed by 3D printer company voxeljet (VJET), and medical equipment maker Edap (EDAP), which were off 1.0% and 0.9%.

In the UK and Ireland, the gainers were led by biopharmaceutical companies Verona Pharma (VRNA), and Adaptimmune Therapeutics (ADAP), which climbed 4.3% and 3.9% respectively. They were followed by electricity and gas utility company National Grid (NGG), and consumer goods company Unilever (UL), which were up 2.0% and 1.9%.

The decliners in the UK and Ireland were led by pharmaceutical firm Avadel (AVDL), which shed 8.9%, followed by mining companies Rio Tinto (RIO), BHP Billiton (BBL), and Randgold Resources (GOLD), which dropped 1.9%, 0.9%, and 0.5% 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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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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