Markets

European ADRs Move Lower in Wednesday Trading

An image of a calculator, a smartphone and a chart on a clip board
Credit: Shutterstock photo

American depositary receipts of European stocks were trading 0.22% lower at 138.48 on the Bank of New York Mellon Europe ADR Index on Wednesday.

In continental Europe, the gainers were led by geophysical equipment company CGG ( CGG ), and 3D printer company Materialise ( MTLS ), which were up 12.1% and 3.0% respectively. They were followed by software company SAP ( SAP ), and telecommunications provider Telecom Italia ( TI ), which were up 2.2% and 1.7%.

The decliners in continental Europe were led by software vendor Talend ( TLND ), and biotech firm argenx (ARGX), which fell 5.3% and 4.2% respectively. They were followed by biopharmaceutical company Zealand Pharma (ZEAL), and furniture maker Natuzzi (NTZ), which dropped 2.9% and 2.5%.

In the UK and Ireland, the gainers were led by electricity and gas utility company National Grid (NGG), and consumer goods company Unilever (UL), which rose 2.5% and 1% respectively. They were followed by Trinity Biotech (TRIB), and pharmaceutical firm GlaxoSmithKline (GSK), which were up 1% and 0.4%.

The decliners in the UK and Ireland were led by communications company WPP (WPP), and biopharmaceutical company Akari Therapeutics (AKTX), which lost 3.8% and 2.7% respectively. They were followed by mining company BHP Billiton (BBL), and biopharmaceutical firm NuCana (NCNA), which were off 2.0% and 1.8%.

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

MTLS SAP TLND

Other Topics

Stocks

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More