ADR Report-ADRs track U.S. stocks higher, miners weigh

By Kristina Cooke

NEW YORK, May 1 (Reuters) - U.S.-listed shares of overseas companies edged higher on Thursday, as gains in U.S. stocks offset declines in energy and miners on a drop in the price of oil and other commodities.

Many overseas markets were closed for the May Day holiday. Stocks on Wall Street rose, led by tech bellwethers such as iPod-maker Apple Inc (AAPL.O: Quote, Profile, Research), and the dollar's rebound eased investors' worries about high energy costs and inflation. For the U.S. stock market report, please click on [.N].

Total SA (TOT.N: Quote, Profile, Research), BP (BP.N: Quote, Profile, Research) and Royal Dutch Shell (RDSa.N: Quote, Profile, Research) all fell, as the dollar's rise to a five-week high against the euro and concerns about demand drove oil sharply lower.

Miners including BHP Billiton Plc BHP.L (BBL.N: Quote, Profile, Research) slipped as copper and other industrial metals tumbled.

BHP Billiton's ADRs fell 2.7 percent to $70.14.

The Bank of New York Mellon's index of leading American Depositary Receipts .BKADR was up 0.35 percent while the 30-share Dow Jones industrial average .DJI was up 1.35 percent.

The Bank of New York Mellon's index of leading European ADRs .BKEUR was up 0.32 percent. Major continental European stock markets were closed for the Labor Day holiday. Britain's FTSE 100 .FTSE ended flat.

The pullback in the price of oil boosted airlines. ADRs of Ryanair Holdings (RYA.I: Quote, Profile, Research) (RYAAY.O: Quote, Profile, Research) rose 4.3 percent to $28.27.