By Kristina Cooke
NEW YORK, Jan 3 (Reuters) - U.S.-listed shares of overseas
companies edged higher on Thursday, helped by strong U.S.
economic data and gains in miners and energy shares.
Energy companies such as BP <BP.N> and Royal Dutch Shell
<RDSa.N> rose as oil steadied near the $100-a-barrel mark. BHP
Billiton <BHP.N> and Gold Fields Ltd <GFI.N> climbed on high
commodity prices.
But airlines' American Depositary Receipts (ADRs) -- which
were hurt by higher fuel costs -- kept the advance in check.
Air France-KLM <AKH.N> dropped 1.5 percent to $34.08, while
China South Air <ZNH.N> fell 2.3 percent to $63.83.
The Bank of New York's index of leading ADRs <.BKADR> was
up 0.2 percent, while the 30-share Dow Jones industrial average
<.DJI> was up 0.2 percent.
U.S. stocks rose after data showing a larger-than-expected
rise in new orders at factories in November eased worries about
the economy. For details, see [.N].
The Bank of New York's index of leading European ADRs
<.BKEUR> was up 0.3 percent. In Europe, shares traded lower,
dragged down by banks and retailers. [.EU]
Royal Dutch Shell ADRs rose 1.7 percent to $85.49, while BP
was up 2.1 percent at $74.94. BHP Billiton gained 1.5 percent
to $71.51 and Gold Fields climbed 3.8 percent to $15.98.
Swiss agrochemical producer Syngenta's <SYT.N> ADRs rose 5
percent to $53.15 after U.S. rival Monsanto <MON.N> reported a
sharply higher quarterly profit and raised its 2008 forecast.
[ID:nN03212568]
The Bank of New York's index of leading Asian ADRs <.BKAS>
was up 0.05 percent. In Asia, shares ended mixed.
Tata Motors <TTM.N> ADRs rose 1.3 percent to $19.71 after
Ford Motor Co <F.N> said the Indian company was the
front-runner to buy its European brands Jaguar and Land Rover.
[ID:nL03141022]
Receipts with the Bank of New York's index of leading Latin
American ADRs <.BKLA> rose 0.2 percent. In Latin America, major
benchmarks were little changed.
Brazilian miner Vale <RIO.N> gained 2 percent to $33.35.
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Keywords: MARKETS STOCKS ADRS