European ADRs Move Lower in Thursday Trading

American Depository Receipts of European stocks were trading 0.48% lower at 138.03 on the Bank of New York Mellon Europe ADR Index on Thursday.

In continental Europe, the gainers were led by geophysical equipment company CGG (CGG), and 3D printer company voxeljet (VJET), which rose 3% and 2.4% respectively. They were followed by gene therapy company Cellectis (CLLS), and marketing firm Criteo (CRTO), which were up 1.9% and 1.7%.

The decliners in continental Europe were led by pharmaceutical company Oasmia Pharmaceutical (OASM), and biopharmaceutical firm Forward Pharma (FWP) which fell 3.1% and 1.5% respectively. They were followed by bank Banco Bilbao Vizcaya Argentaria (BBVA), and communications services provider VEON (VEON), which were off 1.3% and 0.9%.

In the UK and Ireland, the gainers were led by biopharmaceutical companies NuCana (NCNA), and GW Pharmaceuticals (GWPH), which rose 3.9% and 3.1% respectively. They were followed by biopharmaceutical firm Verona Pharma (VRNA), and pharmaceutical company AstraZeneca (AZN), which climbed 3% and 2%.

The decliners in the UK and Ireland were led by pharmaceutical company Avadel (AVDL), and construction equipment supplier CRH (CRH), which shed 4.1% and 2.1% respectively. They were followed by communications group WPP (WPP), and pharmaceutical company GlaxoSmithKline (GSK), which dropped 1.1% and 0.4%.