European ADRs Move Higher in Tuesday Trading

American depository receipts of European stocks moved 0.39% higher to 116.95 on the Bank of New York Mellon Europe ADR Index on Tuesday.

In continental Europe, the gainers were led by CGG (CGG), a manufacturer of geophysical equipment, and furniture maker Natuzzi (NTZ), which rose 6.6% and 3.8% respectively. They were followed by financial services firm Credit Suisse (CS), up 3.1%, and Spanish bank Banco Santander (SAN), higher 2.6%.

The decliners in continental Europe were led by eyewear manufacturer Luxottica (LUX), and healthcare company Sanofi (SNY), which fell 1.8% each. They were followed by computer hardware maker Logitech (LOGI), off 1.6%, and steel and mining company ArcelorMittal (MT), down 1%.

In the U.K. and Ireland, the gainers were led by banks Royal Bank of Scotland (RBS), HSBC (HSBC), and Barclays Bank (BCS), which rose 4.6%, 3.6%, and 3.2% respectively. Insurance company Aviva (AV) was up 2.2%.

The decliners in the U.K. and Ireland were led by mining firms BHP Billiton (BBL) and Rio Tinto (RIO), which dropped 3.2% and 2.2%, respectively. Biotech firm Shire (SHPG) fell 1.4% and hospitality company InterContinental Hotels (IHG) declined 1.1%.