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European ADRs Move Higher in Friday Trading

4,503

American depositary receipts of European stocks were trading 0.32% higher at 133.40 on the BNY Mellon Europe ADR Index on Friday.

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In continental Europe, the gainers were led by biotech firm ERYTECH Pharma (ERYP), and medical equipment maker Edap (EDAP), which climbed 7.6% and 6.1% respectively. They were followed by biopharmaceutical company argenx (ARGX), and semiconductor company STMicroelectronics (STM), which rose 4.5% and 2.8%.

The decliners in continental Europe were led by biopharmaceutical company DBV Technologies (DBVT), and telecommunications operator Telefonica (TEF), which fell 1.9% each. They were followed by internet browser company Opera (OPRA), and semiconductor company Sequans Communications (SQNS), which were off 1.8% and 0.9% respectively.

In the UK and Ireland, the gainers were led by Trinity Biotech (TRIB), and insurance firm Prudential (PUK), which rose 8.4% and 3% respectively. They were followed by public relations firm WPP (WPP), and biopharmaceutical company Akari Therapeutics (AKTX), which were up 2.2% and 2%.

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The decliners in the UK and Ireland were led by specialty pharmaceutical company Midatech Pharma (MTP), and pharmaceutical firm Avadel (AVDL), which lost 10.9% and 5.6% respectively. They were followed by telecommunications operators Vodafone Group (VOD), and BT Group (BT), which dropped 2.8% and 1.8%.

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