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European ADRs Edge Higher as Pharma Stocks See Mixed Fortunes

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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

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