European ADRs Trade Lower

American depository receipts of European stocks were 0.3% lower at 134.42 on the Bank of New York Mellon Europe ADR Index Thursday morning. Decliners in Continental Europe were led by Aegon-New York Shares (AEG), a Dutch life insurance, pensions and asset management company, 3.8% lower, followed by Trivago (TRVG), an online hotel search platform operator, down by 2.9% and Deutsche Bank-Global Registered Shares (DB), down by 2.3%. Novo Nordisk (NVO), a Danish healthcare company, was 2.1% lower.

In the U.K., Royal Bank of Scotland (RBS), was down by 2.2%, followed by Luxfer (LXFR), a materials technology company, down by 1.5%, Lloyds Banking Group (LYG) and HSBC (HSBC), both down by 0.9%. Gainers in Continental Europe were led by voxelJet (VJET), a German three-dimensional printer manufacturer, up by 1.9%, followed by Materialise (MTLS), a Belgian provider of 3D printing software and services, 1.3% higher and Zealand Pharma (ZEAL), up by 0.8%. Fresenius Medical Care – Com (FMS), a German kidney dialysis company, was up by 0.6%.

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