NEW YORK, June 5 (Reuters) - Overseas shares traded in the
United States fell on Friday weighed by European companies as
the U.S. dollar rose sharply, reducing investor appetite for
foreign shares priced in the greenback.

Among the top decliners were shares of European banks,
which have led foreign stocks' recovery from near six-year lows
hit in early March. New York-traded shares of HSBC (HBC.N: Quote, Profile, Research) and
Credit Suisse (CS.N: Quote, Profile, Research) fell 3.7 percent and 2.2 percent
respectively.

The Bank of New York Mellon's index of leading American
Depositary Receipts (ADRs) fell 0.65 percent while the
U.S. benchmark S&P 500 index .SPX shed 0.25 percent.

For the week, the ADR index inched up 0.3 percent.

The ICE Futures' dollar index .DXY posted its largest
one-day gain in more than five months on Friday, after data
showed the United States shed fewer jobs than expected in May,
boosting hopes for an economic recovery.

The Bank of New York Mellon's index of leading European
ADRs dropped 1 percent despite a 0.7 percent rise in
the FTSEurofirst 300 index of top European shares.

The broad decline notwithstanding, ADRs of Rio Tinto and
BHP Billiton posted sharp gains as Rio Tinto scraped plans for
a large Chinese investment, opting instead to raise $21 billion
through a rights issue and a joint venture with one-time suitor
BHP. [ID:nSYD73514]

Rio Tinto (RTP.N: Quote, Profile, Research) rose 6.1 percent to $193.76 while British
ADRs of BHP (BBL.N: Quote, Profile, Research) gained 4.1 percent to $50.42 and its
Australian ADRs (BHP.N: Quote, Profile, Research) added 5.7 percent to $60.29.

The Bank of New York Mellon's index of leading Asian ADRs
rose 0.2 percent buoyed by Chinese companies including
China Mobile (CHL.N: Quote, Profile, Research), up 1 percent to $51.16, and PetroChina
(PTR.N: Quote, Profile, Research), up 1.4 percent to $121.19.

But ADRs of most Japanese companies fell and a reading of
local ADRs slipped 0.8 percent.

An exception in the Japanese ADRs were shares of the
world's largest digital camera maker Canon Inc (CAJ.N: Quote, Profile, Research), which
rose 2.8 percent to $33.51 after it revived plans to build a
$180 million factory as demand holds for its high-end
single-lens reflex cameras. [ID:nT372533]

The Bank of New York Mellon's index of leading Latin
American ADRs fell 0.4 percent. In Latin America, major
markets were mixed as Brazil's Bovespa .BVSP shed 0.2 percent
while benchmarks in Mexico and Chile posted gains.