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American depositary receipts of European stocks were trading 0.31% lower at 125.92 on the Bank of New York Mellon Europe ADR Index on Monday.

In continental Europe, the gainers were led by medical equipment maker Edap ( EDAP ) and telecommunications company Ericsson ( ERIC ), which climbed 4.4% and 1.8% respectively. They were followed by biotech firm Zealand Pharma ( ZEAL ) and telecommunications operator Telecom Italia ( TI ), which rose 1.6% and 0.8%.

The decliners in continental Europe were led by furniture maker Natuzzi ( NTZ ) and pharmaceutical company Oasmia Pharmaceutical (OASM), which fell 4.1% and 2.8% respectively. They were followed by biotech company Forward Pharma (FWP) and internet advertising company Criteo (CRTO), which were off 2.6% and 2.5%.

In the UK and Ireland, the gainers were led by biopharmaceutical company NuCana (NCNA) and airline operator Ryanair (RYAAY), which rose 5.3% and 2% respectively. They were followed by biopharmaceutical firms Verona Pharma (VRNA) and Akari Therapeutics (AKTX), which were up 1.6% and 1.5%.

The decliners in the UK and Ireland were led by biopharmaceutical company Motif Bio (MTFB) and medical equipment maker Smith & Nephew (SNN), which lost 7.9% and 4.6% respectively. They were followed by pharmaceutical companies Avadel (AVDL) and GlaxoSmithKline (GSK), which were down 4% and 1.7%.

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