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.

Risk disclosure: The above content only represents the opinion of the authors or guests, and does not represent any positions of Futu or constitute any investment advice on the part of Futu. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and consult professional investment advisers where necessary. Futu makes every effort to verify the authenticity, accuracy, and originality of the above content, but does not make any guarantees or promises.