ADR REPORT-Japanese exporters lead foreign shares higher
NEW YORK |
NEW YORK Dec 6 (Reuters) - U.S.-listed shares of foreign companies rose on Thursday, led by Japanese exporters' shares, which rallied on a weaker yen.
The BNY Mellon index of leading American depositary receipts rose 0.2 percent, while the Standard & Poor's 500 index rose 0.3 percent.
The BNY Mellon index of leading Asian ADRs rose 0.5 percent.
In Japan, the Nikkei share average climbed to a seven-month closing high above the 9,500 mark, as the yen remained weaker on persistent speculation that the central bank would adopt bolder action to pull Japan out of deflation under a likely new government.
The Nikkei rose 0.8 percent to 9,545.16 points, the highest closing level since April 26.
U.S.-traded shares of Toyota Motor rose 0.5 percent to $85.66. Honda Motor gained 1.2 percent to $33.27.
New York-listed shares of camera and printer maker Canon Inc shot up 1.6 percent to $36.25.
U.S-listed shares of South Korean companies, including steelmaker POSCO, also advanced. POSCO's ADRs jumped 2.7 percent to $76.32.
The BNY Mellon index of leading European ADRs was flat, ending up just 0.02 percent, while the BNY Mellon index of leading Latin American ADRs rose 0.6 percent.
- Tweet this
- Share this
- Digg this