European ADRs drop nearly 3% on Friday as travel, energy and financial stocks collapse



On Friday, US European stock certificates of deposit were trading down 2.8% at 1,108.24 on the S & P / BNY Mellon Europe Select ADR index.

In continental Europe, the winners were led by COVID-19 vaccine developer BioNTech (BNTX) and computer peripheral 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 biggest drops in mainland Europe were hotel booking site Trivago (TRVG) and biotech Calliditas Therapeutics (CALT), which fell 8.4% each. They were followed by fingerprint sensor provider IDEX Biometrics (IDBA) and dating operator Spark Networks (LOV), which fell 6.9% each.

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

The biggest drops in the UK and Ireland were cruise line Carnival (CUK) and banking 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 each down 7.5%.

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