ADR Report-ADRs rise, led by energy shares
NEW YORK, Dec 20 (Reuters) - U.S. shares of overseas companies listed in New York rose, pushed higher by European energy shares, Finnish handset maker Nokia and Brazilian iron ore miner Cia Vale do Rio Doce.
The Bank of New York's index of leading American Depositary Receipts (ADRs) .BKADR was up 0.09 percent while the 30-share Dow Jones industrial average .DJI was down about 0.28 percent at 13,168.90.
European equities ticked up on Thursday as energy shares tracked higher crude prices, helping markets end a three-day streak of losses.
The Bank of New York's index of leading European ADRs .BKEUR was up 0.05 percent at 185.56. In Europe, the FTSEurofirst 300 .FTEU3 index of top European shares closed 0.27 percent higher at 1,486.51.
Total (TOT.N) and Royal Dutch Shell (RDSa.N) rose between 0.1 percent and 0.8 percent. Banks were also stronger as investors awaited the next injection of liquidity from the Federal Reserve and more quarterly earnings.
Among big ADR gainers in New York were Amsterdam-based CNH Global (CNH.N), up 5.73 percent, home furnisher Natuzzi SpA (NTZ.N), up 6.19 percent and Mexican bottler Fomento Economico Mexicano (FMX.N), up 5.4 percent. Chilean vinter Vina Concha y Toro (VCO.N) gained 5.59 percent.
Jeweler LJ International Inc (JADE.O) of Hong Kong was one of the biggest gainers on Nasdaq, rising 20 percent, while one of the biggest losers on NYSE was Chinese solar cell producer LDK Solar Co (LDK.N), down 25 percent.
Receipts with the Bank of New York's index of leading Latin American ADRs .BKLA were up 0.91 percent. In Latin America, major benchmarks Bovespa .BVSP was down 0.3 percent and the Mexican IPC General Index .MXX was down 0.15 percent.
Brazilian oil company Petroleo Brasileiro (PBR.N) was up 3.04 percent, while Mexican wireless provider America Movil (AMX.N) was down 0.19 percent.
The Bank of New York's index of leading Asian ADRs .BKAS was up 1.02 percent. Hong Kong-listed China plays rose a further 0.6 percent in their recovery on Thursday. (Reporting by Herbert Lash; Editing by Kenneth Barry)
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