NEW YORK, Jan 8 (Reuters) - Overseas shares traded in the United States rose on Thursday as European stocks advanced despite a fall in their local markets.

The Bank of New York Mellon's index of leading American Depositary Receipts (ADRs) ended up 1.0 percent, while the 30-share Dow Jones industrial average .DJI shed 0.3 percent.

New York-traded shares of British Petroleum (BP.N: Quote, Profile, Research) gained 2.8 percent to $48.81 and those of Eni SpA (E.N: Quote, Profile, Research) jumped 4.2 percent to $49.44, both on the New York Stock Exchange.

The Bank of New York Mellon's index of leading European ADRs rose 1.4 percent and the FTSEurofirst 300 index of top European shares lost 0.8 percent, hurt by a lowered earnings outlook from the world's biggest retailer, Wal-Mart Stores (WMT.N: Quote, Profile, Research).

The U.S. dollar index .DXY, a gauge of its performance against six major currencies, fell 0.7 percent.

ADRs of Deutsche bank (DB.N: Quote, Profile, Research) dipped 4.5 percent to $35.29 but those of British peer Lloyds TSB (LYG.N: Quote, Profile, Research) jumped 8.3 percent to $8.05, both on the NYSE.

The Bank of New York Mellon's index of leading Asian ADRs edged down 0.03 percent. The MSCI index of Asia-Pacific shares outside of Japan .MIAPJ0000PUS slid 3.8 percent.

New York traded shares of China Petroleum (SNP.N: Quote, Profile, Research) lost 2.6 percent to $62.01 on the NYSE.

The Latin American ADR index gained 1.1 percent as bellwether Brazilian companies Petrobras (PBR.N: Quote, Profile, Research) rose 4.4 percent to $27.08 and miner Vale RIO.N added 2.7 percent to $14.05. Regional benchmarks were mixed, with Brazil's Bovespa .BVSP up 2.9 percent and Argentina's Merval up 2.2 percent, while Mexico's IPC .MXX lost 0.7 percent. (Reporting by Rodrigo Campos; Editing by Dan Grebler)