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European ADRs Move Higher in Friday Trading

MT Newswires ·  09/30/2022 23:04

11:03 AM EDT, 09/30/2022 (MT Newswires) -- American depositary receipts of European stocks were trading 0.66% higher at 907.34 on the S&P/BNY Mellon Europe Select ADR Index on Friday.

In continental Europe, the gainers were led by 3D printer company voxeljet (VJET) and biopharmaceutical company Grifols (GRFS), which climbed 8.3% and 6.6% respectively. They were followed by financial services firm ING (ING), which rose 2.7%.

The decliners in continental Europe were led by biopharmaceutical companies MorphoSys (MOR) and Genfit (GNFT), which fell 5.4% and 4.4% respectively. They were followed by internet browser company Opera (OPRA) and furniture maker Natuzzi (NTZ), which lost 2.9% and 2.6% respectively.

In the UK and Ireland, the gainers were led by biopharmaceutical company Verona Pharma (VRNA) and insurance firm Prudential (PUK), which rose 6.2% and 4% respectively. They were followed by educational publisher Pearson (PSO) and medical device maker Smith & Nephew (SNN), which were up 3.9% and 3.5% respectively.

The decliners in the UK and Ireland were led by cruise line operator Carnival Corporation (CUK) and biotech firm Autolus Therapeutics (AUTL), which fell 19% and 4.9% respectively. They were followed by financial services company Barclays (BCS) and oil and gas company Shell (SHEL), which were off 0.4% and 0.2% respectively.

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