ADR Report-ADRs fall on credit worries, oil

NEW YORK, June 20 (Reuters) -Overseas shares traded in the United States fell on Friday on renewed worries about the credit-battered financial sector and rising oil prices.

Financial shares were hammered across all regions. Deutsche Bank (DBKGn.DE) (DB.N) American Depositary Receipts (ADRs) fell 4.3 percent to $90.87, and Brazil's Banco Bradesco (BBDC4.SA) (BBD.N) lost 3.5 percent to $21.23.

Automakers' ADRs fell after credit ratings agency Standard & Poor's said it was concerned about U.S. automakers' cash outflows and the "dire state" of the vehicle finance market. Japan's Honda Motor Co (7267.T) (HMC.N) and India's Tata Motors (TAMO.BO)(TTM.N) slid.

The Bank of New York Mellon's index of leading ADRs .BKADR was down 2.3 percent while the 30-share Dow Jones industrial average .DJI slid 1.8 percent.

Rising oil prices hurt energy-sensitive sectors like airlines. Among airline ADRs, Ryanair Holdings (RYA.I) (RYAAY.O) fell 6.1 percent to $30.14 and China South Air (600029.SS) (ZNH.N) lost 6.7 percent to $21.84.

The price of oil rose more than $3 amid escalating tensions between Israel and Iran and supply disruptions in Nigeria triggered by militant attacks on a major offshore field.

The Bank of New York Mellon's index of leading European ADRs .BKEUR was down 1.9 percent. In Europe, shares hit a 14-week low, with the focus on the health of banks, high oil prices and rising inflation.

ADRs of UBS (UBSN.VX) (UBS.N) fell 4.8 percent to $21.95, following negative comments from Lehman Brothers on the potential for more write-downs at European investment banks.

The Bank of New York Mellon's index of leading Asian ADRs .BKAS slid 3.5 percent. Asian shares ended at their lowest level in a week.

Honda Motor Co dropped 3 percent to $33.75, while Tata Motors shed 3.4 percent to $11.46.

Receipts with the Bank of New York Mellon's index of leading Latin American ADRs .BKLA dropped 2.6 percent. In Latin America, major benchmarks slid tracking equity markets in the United States.

ADRs of Gol International Airlines (GOLL4.SA) (GOL.N), Brazil's second largest airline, fell 5.6 percent to $12.75 after credit ratings agency Fitch Ratings cut the company's credit ratings. Fitch said uncertainty about a recovery in Brazil's airline industry has grown as the "unprecedented rise" in oil prices cuts into margins. (Reporting by Kristina Cooke; Editing by Leslie Adler)