European ADRs Move Higher in Friday Trading

European ADRs Move Higher in Friday Trading

American depository receipts of European stocks were trading 0.08% higher at 145.25 on the Bank of New York Mellon Europe ADR Index on Friday.

In continental Europe, the gainers were led by cell therapy company TiGenix ( TIG ), which soared 72.5%, followed by geophysical equipment company CGG ( CGG ), which rose 3.8%. Three-dimensional printer maker Voxeljet ( VJET ), and dating company Spark Networks ( LOV ) were up 3.1% and 2.9% respectively.

The decliners in continental Europe were led by Deutsche Bank ( DB ), and semiconductor company Sequans Communications (SQNS), which fell 5.1% and 3.6% respectively. They were followed by biotech firm Zealand Pharma (ZEAL), and financial services firm Credit Suisse (CS), which were down 1.6% and 1%.

In the UK and Ireland, the gainers were led by biopharmaceutical companies Adaptimmune Therapeutics (ADAP), and Amarin (AMRN), which rose 3.7% and 3.1% respectively. They were followed by Trinity Biotech (TRIB), and medical equipment company Smith & Nephew (SNN), which climbed 2.6% and 2.2%.

The decliners in the UK and Ireland were led by pharmaceutical firm Midatech Pharma (MTP), and biopharmaceutical company Akari Therapeutics (AKTX), which lost 6.5% and 2.3% respectively. They were followed by Barclays Bank (BCS), and biopharmaceutical firm GW Pharmaceuticals (GWPH), which were off 2.4% and 1.46%.

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