ADR Report-Foreign shares hurt by weak oil, strong dollar

NEW YORK, Nov 12 (Reuters) - Overseas shares traded in the United States fell on Thursday, pressured by a bounce in the U.S. dollar, while energy companies were hurt by a selloff in oil prices.

Among the losers, New York-traded shares of BP Plc (BP.N) fell 1.5 percent to $57.45 and PetroChina (PTR.N) also lost 1.5 percent to $129.06. The price of crude CLc1 shed more than 3 percent to around $76.76 a barrel after government data confirmed an industry report earlier this week that domestic crude inventories rose last week.

The U.S. dollar rallied broadly after the weekly jobless report gave strength to the greenback and momentum helped push it through key technical levels. A stronger dollar curbs demand for foreign shares that are priced in the U.S. currency.

In equity news, China has extended by two months a commercial espionage investigation into a Rio Tinto (RTP.N) executive, Australia's foreign minister said, suggesting no early resolution to the case. Rio's shares shed 2.5 percent to $203.46. For details, see [ID:nSP501629]

BT Group (BT.N) jumped 3.7 percent to $24.30 after the British telecoms company increased its outlook for the full year and reported strong core earnings. [ID:nLB181504]

Top brewer Anheuser-Busch InBev (BUD.N) reported quarterly core earnings grew slightly more than expected on cost cuts and higher prices and forecast a similar profit rise in the last three months. Shares of AB InBev were off 0.4 percent to $48.44. [ID:nLA37810]

The Bank of New York Mellon index of leading American Depositary Receipts (ADRs) .BKADR fell 1.1 percent. The benchmark S&P 500 index .SPX slipped 0.7 percent as stocks were also hurt by the strong dollar and weaker oil prices. A guarded outlook from Wal-Mart Stores Inc (WMT.N) added jitters about the strength of consumer spending .

The Bank of New York Mellon index of leading Asian ADRs .BKAS were down 1.3 percent. In Asia, Hong Kong stocks fell to end a four-day rally as bank shares weighed, while weakness in Chinese stocks was tempered by strength in the consumer sector.

The Bank of New York Mellon index of leading European ADRs .BKEUR slipped 0.8 percent. In Europe, the FTSEurofirst 300 .FTEU3 index of top shares edged up to a three-week closing high, helped by results from the telecom sector.

Receipts with the Bank of New York Mellon index of leading Latin American ADRs .BKLA gave up 2.5 percent. Petrobras (PBR.N), which is set to release third-quarter results on Friday, tumbled 2.5 percent to $49.63. [ID:nN11306359]

(Reporting by Leah Schnurr; Editing by Diane Craft)