European ADRs Move Higher in Tuesday Trading

An image of a quarterly report on a screen Credit: Shutterstock photo

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.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.