European ADRs Edge Higher

American depository receipts of European stocks were 0.1% higher at 119.66 on the Bank of New York Mellon Europe ADR Index on Thursday morning.

Gainers in Continental Europe were led by health care company Sanofi (SNY) and Fresenius Medical Care (FMS), a kidney dialysis company, both 1.2% higher, followed by oil and gas production company Total (TOT), up by 1.1% and Koninklijke Philips Electronics – New York Shares (PHG), a Dutch diversified technology company, 0.9% higher.

In the UK, Midatech Pharma (MTP), an early-stage biopharmaceutical company, was 5.6% higher, followed by gold mining major Randgold Resources (GOLD), up by 2.0% and Adaptimmune Therapeutics (ADAP), a clinical-stage biopharmaceutical company, 1.5% higher. Amarin (AMRN), a biopharmaceutical company, rose 1.0%.

By Marvin Goff