ADR Report-Asian stocks rise on outlook, LatAm takes break

Newswire

By Arindam Nag NEW YORK, Dec 30 (Reuters) - Overseas shares rose in the United States on Thursday on the back of gains in Asian stocks which were up on optimism that they will continue to do well in 2005 while Latin American shares were down, ending a period of highs. The Bank of New York's index of leading ADRs was up 0.4 percent to 122.58 at a time when the 30-share Dow Jones index was up 0.04 percent to 10,833.57. Most Asian stocks rose across-the-board after local markets in ...

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