By Chuck Mikolajczak
NEW YORK, July 9 (Reuters) - Overseas shares traded in the
United States rose on Thursday as a drop in the U.S. dollar and
the yen helped cut disperse risk aversion and boosted energy
and other commodity stocks.
New York-traded shares of Brazilian oil company Petrobras
(PBR.N) rose 3.5 percent to $36.68 while PetroChina (PTR.N)
added 3.2 percent to $105.03 as U.S. crude oil prices rebounded
following a slide below $60 a barrel.
The Bank of New York Mellon index of leading American
Depositary Receipts (ADRs) .BKADR gained 2.1 percent while
the U.S. benchmark S&P 500 index .SPX climbed 0.5 percent.
The Bank of New York Mellon index of leading Asian ADRs
.BKAS added 1.7 percent, lifted by Chinese ADRs .BKCN,
which jumped 3.6 percent, and those from Korea .BKKR, up 3.4
percent.
Australian miner Rio Tinto (RTP.N) added 2.2 percent as
metals prices rose, even after China confirmed the detention of
an Australian executive of the company and three other
Shanghai-based employees for allegedly stealing state secrets.
An Indian ADR index .BKIN gained 2.6 percent, while the
MSCI index of Asian shares outside Japan .MIAPJ0000PUS added
0.3 percent.
The Bank of New York Mellon index of leading European ADRs
.BKEUR rose 1.7 percent as the FTSEurofirst 300 .FTEU3
index of top shares snapped five straight days of losses, up
0.8 percent, on the strength of mining stocks as the price of
copper and other metals rose after recent weakness. Miners were
also boosted by better-than-expected earnings from aluminum
producer Alcoa (AA.N).
UK miner Anglo American jumped 5.9 percent to $13.48.
Receipts with the Bank of New York Mellon index of leading
Latin American ADRs .BKLA added 1.6 percent.
(Editing by Leslie Adler)
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