European ADRs Down Nearly 3% Friday as Travel, Energy, Financial Shares Slump

Last Updated: Friday, November 26, 2021 11:11 AM | MT Newswires

American depositary receipts of European stocks were trading 2.8% lower at 1,108.24 on the S&P/BNY Mellon Europe Select ADR Index Friday.

In continental Europe, the gainers were led by COVID-19 vaccine developer BioNTech (BNTX) and computer peripherals maker Logitech International (LOGI), which climbed 19% and 7.1% respectively. They were followed by display technology provider VIA optronics (VIAO) and 3D printing company Voxeljet (VJET), which rose 4.1% and 3.1%.

The heaviest decliners in continental Europe were hotel booking site Trivago (TRVG) and biotech Calliditas Therapeutics (CALT), which fell 8.4% each. They were followed by fingerprint sensors supplier IDEX Biometrics (IDBA) and dating site operator Spark Networks (LOV), which dropped 6.9% each.

In the UK and Ireland, the gainers were led by the utility National Grid (NGG), which rose 1.3%, followed by miner Barrick Gold (GOLD) and biotech NuCana (NCNA), which were up 0.4% and 0.1%.

The top decliners in the UK and Ireland were cruise line operator Carnival (CUK) and bank holding company Lloyds Banking Group (LYG), which fell 12% and 7.9% respectively. They were followed by insurer Prudential (PUK) and energy producer BP (BP), which were down 7.5% each.

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