ERIC

European ADRs Move Higher in Wednesday Trading

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American depository receipts of European stocks were trading 0.26% higher at 140.79 on the Bank of New York Mellon Europe ADR Index on Wednesday.

In continental Europe, the gainers were led by biopharmaceutical company Cellectis ( CLLS ), which jumped 16.6%, followed by Ericsson ( ERIC ), which rose 4.2%. Materialise ( MTLS ), a 3D printer maker, and furniture manufacturer Natuzzi ( NTZ ) were up 3.6% and 3.3% respectively.

The decliners in continental Europe were led by biotech firm argenx ( ARGX ), and telecommunications provider Telecom Italia (TI), which lost 4.2% and 2.7% respectively. They were followed by hotel reservation site Trivago (TRVG), down 2%, and 3D printer maker voxeljet (VJET), down 1.3%.

In the UK and Ireland, the gainers were led by gene therapy company Nightstar (NITE) and Verona Pharma (VRNA), which rose 2.8% and 2.5% respectively. They were followed by biopharmaceutical company Amarin (AMRN), up 0.9%, and HSBC (HSBC), up 1.%.

The decliners in the U.K. and Ireland were led by biopharmaceutical companies Adaptimmune Therapeutics (ADAP), and NuCana (NCNA), which fell 4.8% and 2.8% respectively. They were followed by biotech firm Shire (SHPG), which dropped 1%.

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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