Markets

European ADRs Move Lower in Tuesday Trading

A generic image of a pair of glasses on top of a calculator
Credit: Shutterstock photo

American depositary receipts of European stocks were trading 0.58% lower at 140.98 on the Bank of New York Mellon Europe ADR Index on Tuesday.

In continental Europe, the gainers were led by geophysical equipment company CGG ( CGG ), and biopharmaceutical company Biofrontera ( BFRA ), which rose 7.1% and 6.6% respectively. They were followed by biopharmaceutical company Ascendis Pharma ( ASND ), Deutsche Bank ( DB ), which were up 4.5% and 1.5%.

The decliners in continental Europe were led by 3d printer makers voxeljet ( VJET ), and Materialise (MTLS), which fell 9.5% and 4% respectively. They were followed by biotech firm ERYTECH Pharma (ERYP), and kidney dialysis company Fresenius Medical Care (FMS), which dropped 2.4% and 1.9%.

In the UK and Ireland, the gainers were led by gene therapy company Nightstar (NITE), and pharmaceutical company Avadel (AVDL), which lost 6.2% and 1.9% respectively. They were followed by biopharmaceutical company Amarin (AMRN), and telecommunications provider BT (BT), which shed 1.4% and 0.7%.

The decliners in the UK and Ireland were led by biopharmaceutical company Verona Pharma (VRNA), and communications company WPP (WPP), which fell 4.9%, and 4.6% respectively. They were followed by biotech firm Shire (SHPG), and bank HSBC (HSBC) which lost 3.9% 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.

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.

In This Story

ASND BFRA VJET DB

Other Topics

Stocks

Latest Markets Videos