STOCKS NEWS ASIA-Asian ADRs gain 0.3 pct; HSBC up
HONG KONG, Sep 14 (Reuters) Asian stocks listed on Wall Street <.bkas> climbed 0.3 percent after a broker upgrade of U.S. investment banks helped lift financial shares such as HSBC, while record high oil prices kept energy names buoyed.
HSBC Holdings climbed 1.0 percent, South Korea's top lender Kookmin Bank added 1.5 percent and oil and gas producer PetroChina gained 0.8 percent.
Shares in U.S. investment banks including Lehman Brothers firmed on Thursday after a Bernstein Research analyst said their values had fallen to a 10-year low, helping lift U.S. markets. [ID:nN13359642] MSCI's measure of Asia Pacific stocks excluding Japan <.miapj0000pus> advanced 0.5 percent on Thursday to a 1-{ month closing high and looked set to end higher for a fourth straight week.
It has risen 20 percent from a five-month trough plumbed on Aug. 17 and was just 4.6 percent below the July 24 life high.
-- HEADLINES: >US STOCKS-McDonald's, financials lift market [nN13393285] >Oil hits record over , storm shuts US refineries[nSP202987] >Macquarie Bank says expects record half-year profi[nSYU003116] >BHP Billiton sees strong demand for its products [nN12276094] >Sun Hung Kai to plough into China as earnings jump [nHKG83876] >Countrywide gets bln new financing, shares up [nN13335689] >Coles: expert says Wesfarmers bid best option [nSYD215520] >GM shares up 6 pct after Citi recommendation [nN13357572] >Temasek shuns Nasdaq's stake in LSE - sources [nL13912701] >Qualcomm shares up on stay of ITC ban for phones [nN13341075] >Dollar gains on yen but stays near low vs euro [nN13389587] >ADRs gain, miners surge on higher metal prices [nN13363957] -- KEY INDEXES pct change Bank of New York Asia ADR index <.bkas> +0.27 Dow Jones Industrial Average <.dji> +1.00 Nasdaq Composite Index <.ixic> +0.35 MSCI Asia Pacific ex-Japan <.miapj0000pus> +0.53 Nikkei futures in Chicago 15,980 Nikkei futures in Osaka 15,750 -- ASIAN ADR ACTION: 5 most actively traded: price change/pct TSMC +1.93 UMC +2.48 Siliconware +0.28 Infosys Tech +1.32 BHP Billiton +2.21 -- Top 5 performers: price change/pct POSCO +5.76 Mitsui&Co. +5.47 Alumina +3.92 Genetic Tech +3.66 Santos +2.92 -- Bottom 5 performers: price change/pct Advantest -3.77 Canon Inc. -3.62 Nidec Copal -3.26 China Eastern -2.81 Wacoal Corp. -2.64 -- TOP ASIA EVENTS: For more Asian company earnings, see [ASIA/EQTY] JAPAN - Revised July industrial production data HONG KONG - Quarterly index of industrial production - Earnings: China Coal Energy S.E ASIA - Singapore July retail sales - Philippine July overseas foreign workers' remittances Reuters SZ VP0550


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