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European ADRs Move Higher in Tuesday Trading

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American Depository Receipts of European stocks were trading 1.14% higher at 139.31 on the Bank of New York Mellon Europe ADR Index on Tuesday.

In continental Europe, the gainers were led by hotel booking site Trivago ( TRVG ), and pharmaceutical firm Oasmia Pharmaceutical ( OASM ), which climbed 5.4% and 3.5% respectively. They were followed by biotech firm Erytech Pharma ( ERYP ), and oil and gas company Total ( TOT ), which rose 2.9% and 2.5%.

The decliners in continental Europe were led by software company Talend ( TLND ), which fell 4.1%, followed by 3D printer manufacturer Materialise (MTLS), and biotech firm MorphoSys (MOR), which were off 1.4% and 0.1%,

In the UK and Ireland, the gainers were led by biotech company Midatech Pharma (MTP), and mining company BHP Billiton (BBL), which rose 5.1% and 3.5% respectively. They were followed by communications group WPP (WPP), and mining company Rio Tinto (RIO), which were up 2.6% and 2.3%.

The decliners in the UK and Ireland were led by pharmaceutical firm Avadel (AVDL), and gene therapy company Nightstar (NITE), which fell 11% and 6% respectively. They were followed by biopharmaceutical firm GW Pharmaceuticals (GWPH), and Trinity Biotech (TRIB), which were off 1.2% and 0.2%.

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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