DR Market News Briefs

European ADRs Edge Higher as Pharma Stocks See Mixed Fortunes


Last updated: 05/19/2017 11:09:36

11:09 AM EDT, 05/19/2017 (MT Newswires) --

Gainers in Continental Europe were led by voxelJet (VJET), a German three-dimensional printer manufacturer, 5.4% higher, followed by Marine Harvest (MHG), a Norwegian seafood company, up by 4.0% and VEON (VEON), a provider of communications services, 2.9% higher. Telefonica (TEF), a Spanish telecommunications group, was also 2.9% higher.

In the UK, pharmaceutical companies GW Pharmaceuticals (GWPH) and Trinity Biotech (TRIB), lead the gainers, up by 2.9% and 2.6%, respectively. Rio Tinto (RIO), a mining company, was also 2.6% higher.

Decliners in Continental Europe were led by Natuzzi (NTZ), an Italian furniture manufacturer, 4.1% lower, followed by CGG (CGG), a manufacturer of geophysical equipment, down by 2.4% and Nabriva Therapeutics (NBRV), an Austria-based clinical-stage biopharmaceutical company, down by 1.5%. Trivago (TRVG), which operates an online hotel search platform, was 0.9% lower.

And, in the UK, Akari Therapeutics (AKTX), a development-stage biopharmaceutical company, was 1.9% lower, followed by Shire (SHPG), a biopharmaceutical company, down by 0.5% and Royal Bank of Scotland Pref F (RBS PR F), 0.3% lower.

Price: 5.08, Change: +0.29, Percent Change: +6.05

Copyright © 2017 MTNewswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

Quotes displayed with 15 minutes delay. Market data provided by ICE Data Services ICE Limitations. Powered and implemented by FactSet. Legal Statement. News provided by MT Newswires, a Division of MidnightTrader, Inc. Hemscott equity data provided by Morningstar, Inc. Earnings Calendar and Events Data provided by Wall Street Horizon. © 2017 Wall Street Horizon, Inc.