European Stocks Unchanged on Bank of New York Mellon Europe ADR Index

Strategic Insights -

American depository receipts of European stocks experienced a relatively stable Wednesday, with the Bank of New York Mellon Europe ADR Index holding steady at 143.65. Amidst the stability, several European companies made notable strides, while others faced decline. Notably, steel producer ArcelorMittal led the gainers, with a 2.5% increase, followed closely by VimpelCom-Com's 1.4% rise. DBV Technologies and Logitech International also posted gains of 0.9% and 0.7%, respectively. Conversely, semiconductor companies STMicroelectronics and ASML faced declines of 2.6% each, while Criteo dropped 1.8%. In the UK, oil and gas companies, including Royal Dutch Shell and BP, saw gains, while pharmaceutical company GW Pharmaceuticals contracted by 5.1%.

Key Takeaways:

  • ArcelorMittal led the gainers, with a 2.5% increase, while VimpelCom-Com posted a 1.4% rise.
  • DBV Technologies and Logitech International also posted gains of 0.9% and 0.7%, respectively.
  • Semiconductor companies STMicroelectronics and ASML faced declines of 2.6% each, while Criteo dropped 1.8%.
  • Oil and gas companies, including Royal Dutch Shell and BP, saw gains, while pharmaceutical company GW Pharmaceuticals contracted by 5.1%.
  • The Bank of New York Mellon Europe ADR Index held steady at 143.65.
  • Barclays Bank, a major financial institution, was also down by 2.6%.

Statistics:

  • The Bank of New York Mellon Europe ADR Index stood at 143.65.
  • ArcelorMittal led the gainers with a 2.5% increase.
  • VimpelCom-Com posted a 1.4% gain.
  • DBV Technologies gained 0.9%.
  • Logitech International gained 0.7%.
  • STMicroelectronics declined 2.6%.
  • ASML also declined 2.6%.
  • Criteo dropped 1.8%.
  • GW Pharmaceuticals contracted by 5.1%.
  • Royal Dutch Shell gained 1.9%.
  • BP gained 1.5%.
  • Rio Tinto gained 1.8%.
  • Barclays Bank declined 2.6%.
  • The Comtex SmarTrend Alert indicated an UPTREND on 06-07-2012 for ASML.
  • The Comtex SmarTrend Alert indicated a DOWNTREND on 03-06-2012 for BBVA.
  • The Comtex SmarTrend Alert indicated a DOWNTREND on 04-05-2012 for BCS.

Sources:

  • MidnightTrader via COMTEX
  • Comtex News Network, Inc.
  • Bank of New York Mellon Europe ADR Index
  • ArcelorMittal
  • VimpelCom-Com
  • DBV Technologies
  • Logitech International
  • STMicroelectronics
  • ASML
  • Criteo
  • Barclays Bank
  • Royal Dutch Shell
  • BP
  • Rio Tinto
  • Comtex SmarTrend Alert
  • www.mysmartrend.com