American depository receipts of European stocks were 0.2% higher at 135.06 on the Bank of New York Mellon Europe ADR Index on Thursday morning. Gainers in Continental Europe were led by Telefonica (TEF), a Spanish telecommunications group, up by 1.5%, followed by Unilever NV – New York Shares (UN), a Dutch consumer goods company, up by 0.7% and STMicroelectronics (STM), an Italian semiconductor company, up by 0.6%. AB InBev (BUD), a Belgium-based brewing company, was up by 0.4%.
In the UK, high street bank Barclays (BCS) was 1.7% higher, Vodafone (VOD), a mobile communications company, was up by 0.8% and Fly Leasing (FLY), an aircraft leasing company, was up by 0.4%. Decliners in Continental Europe were led by Logitech (LOGI), a Swiss hardware and software products developer, 1.5% lower, followed by technology investor Nokia (NOK), down by 0.8% and Novartis (NVS), a Swiss manufacturer of healthcare products, 0.5% lower. Criteo (CRTO), a French technology company, was also 0.5% lower.