European ADRs Move Lower in Tuesday Trading

European ADRs Move Lower in Tuesday Trading

American depository receipts of European stocks were trading 0.42% lower at 133.87 on the Bank of New York Mellon Europe ADR Index on Tuesday.

In continental Europe, the gainers were led by 3D printer manufacturer voxeljet ( VJET ), and biopharmaceutical company Forward Pharma ( FWP ), which rose 2.1% and 1.6% respectively. They were followed by 3D printer maker Materialise ( MTLS ), up 0.8%, and VEON Com ( VEON ), a provider of communications services, up 0.7%.

The decliners in continental Europe were led by CGG ( CGG ), a manufacturer of geophysical equipment, which tumbled 13.8%, followed by Aegon (AEG), a life insurance, pensions and asset management company, which fell 3.6%. Biotech company Zealand Pharma (ZEAL), and telecommunications company Telecom Italia (TI) each lost 2.9%.

In the U.K. and Ireland, the gainers were led by biopharmaceutical company Akari Therapeutics (AKTX), and gold mining company Randgold Resources (GOLD), which rose 4.7% and 3.1% respectively. They were followed by Trinity Biotech (TRIB), up 1%, and materials technology company Luxfer (LXFR), higher 0.8%.

The decliners in the U.K. and Ireland were led by biotech firm Shire (SHPG), and CRH (CRH), a provider of construction materials, which fell 2% and 1.7% respectively. They were followed by biopharmaceutical company Amarin (AMRN), down 1.6%, and Royal Bank of Scotland (RBS), off 1.5%.

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