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European ADRs Move Lower in Thursday Trading

Evaluating market performance charts

American Depositary Receipts of European stocks were trading 1.67% lower at 137.48 on the Bank of New York Mellon Europe ADR Index on Thursday.

In continental Europe, the gainers were led by computer hardware company Logitech ( LOGI ), and genome engineering company Cellectis ( CLLS ), which rose 3.6% and 2%. They were followed by pharmaceutical firm Grifols ( GRFS ), and geophysical equipment maker CGG ( CGG ), which were up 1.1% each.

The decliners in continental Europe were led by semiconductor company Sequans Communications ( SQNS ), and Deutsche Bank (DB), which fell 4.9% and 4.1% respectively. They were followed by insurance firm Aegon (AEG), and telecommunications operator Telecom Italia (TI ), which dropped 3.4% and 3.2%.

In the UK and Ireland, the only gainers were medical equipment company Smith & Nephew (SNN), and Trinity Biotech (TRIB), which were up 0.6% and 1.5% respectively.

The decliners in the UK and Ireland were led by biopharmaceutical firm Adaptimmune Therapeutics (ADAP), and mining company Rio Tinto (RIO), which shed 6.6% and 4.1% respectively. They were followed by gene therapy company Nightstar (NITE), and Barclays Bank (BCS),which were down 3.6% and 3.5%.

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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