STOCKS NEWS ASIA-Asian ADRs rise as resource stocks shine
HONG KONG, Nov 7 (Reuters) Asian stocks listed on Wall Street <.bkas> rebounded 2.2 per cent as resource shares rose following a surge in oil prices to another all-time high above a barrel.
China's top oil and gas producer PetroChina , global mining giant BHP Billiton and Australia's oil and gas producer Santos all gained more than 2 percent.
US crude hit a life high of .10 overnight after the US government predicted robust demand and tight output from OPEC would lead to a supply crunch in consumer nations this winter.
US energy stocks such as Exxon Mobil also gained ground, helping send the blue chip Dow <.dji> up 0.9 per cent.
The tech-heavy Nasdaq Composite Index <.ixic> advanced 1.1 per cent.
On Tuesday, MSCI's measure of Asia Pacific stocks excluding Japan <.miapj0000pus> climbed 1 percent, snapping three straight sessions of losses as financial shares rebounded.
-- HEADLINES: >Wall St gains with energy shares, Cisco [nN06431735] >Oil hits record , US predicts winter crunch [nSP294710] >SingTel keeps outlook as profit meets forecast [nSIN336165] >Citigroup names Stuckey subprime portfolio chief [nL06636581] >Australia's central bank raises rates to 6.75 pct [nSYU003435] >Alibaba soars; world's fifth-biggest Internet firm[nHKG312159] >Canada Pension Fund to bid for Auckland Airport [nWEL274013] >Softbank profit jumps on mobile user growth [nL06718606] >Manila's PLDT lifts f'cast as Q3 core profits rise[nMAN261105] >M&S to open in China, launches 1 bln stg buyback [nL06322042] >Dollar hits new lows, weakened by bank fears [nN06179720] >ADR Report-ADRs rise on miners, energy [nN06321922] -- KEY INDEXES pct change Bank of New York Asia ADR index <.bkas> +2.17 Dow Jones Industrial Average <.dji> +0.87 Nasdaq Composite Index <.ixic> +1.07 MSCI Asia Pacific ex-Japan <.miapj0000pus> +1.04 Nikkei futures in Chicago 16,385 Nikkei futures in Osaka 16,270 -- ASIAN ADR ACTION: 5 most actively traded: price change/pct Infosys Tech -6.90 TSMC +2.25 UMC +3.98 China Mobile +4.57 BHP Billiton +4.90 -- Top 5 performers: price change/pct LG.Philips +7.27 POSCO +7.18 SMIC +6.12 Siliconware +5.70 Huaneng Power +5.07 -- Bottom 5 performers: price change/pct Genetic Tech -9.09 Prana Biotech -7.64 Infosys Tech -6.90 Wipro -6.29 ChemGenex Pharma -4.53 -- TOP ASIA EVENTS: For more Asian company earnings, see [ASIA/EQTY] JAPAN - Earnings: Toyota Motor Q2 AUSTRALIA - Coles Group shareholders meet to vote on Wesfarmers takeover offer - Sept housing finance data, 0030 GMT - Telstra annual general meeting - Earnings: SingTel's unit Optus S.E ASIA - Singapore Oct foreign reserves date - ST Engineering earnings - Malaysia Sept industrial production index - Philippine Oct gross international reserves -- REUTERS MP AS0730


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