European ADRs Move Lower in Friday Trading

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American depositary receipts of European stocks were trading 0.47% lower at 125.81 on the Bank of New York Mellon Europe ADR Index on Friday.

In continental Europe, the gainers were led by biotech company ERYTECH Pharma ( ERYP ), and medical equipment company Edap ( EDAP ), which climbed 4.8% each. They were followed by semiconductor company Sequans Communications ( SQNS ), and marketing firm Criteo ( CRTO ), which rose 3% and 1.5%.

The decliners in continental Europe were led by pharmaceutical firm Oasmia Pharmaceutical ( OASM ), and biotech company Zealand Pharma (ZEAL), which lost 4.7% and 3.9% respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT), and Deutsche Bank (DB), which were off 3.2% and 3.1%.

In the UK and Ireland, the gainers were led by biopharmaceutical company Motif Bio (MTFB), and pharmaceutical company Avadel (AVDL), which rose 6.6% and 2.6% respectively. They were followed by telecommunications provider Vodafone Group (VOD), and biopharmaceutical firm NuCana (NCNA), which were up 1.7% and 1%.

The decliners in the UK and Ireland were led by Barclays Bank (BCS), and gene therapy company Nightstar (NITE), which were down 3.3% and 2.8% respectively. They were followed by Lloyds Banking Group (LYG), and construction materials supplier CRH (CRH), which shed 2.3% and 2.2%.

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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