US-listed shares of foreign companies edged lower on Friday after a better-than-expected payrolls report signalled an improving domestic economy and pushed the dollar higher. The BNY Mellon index of leading American Depository Receipts (ADRs) shed 0.05 percent, while the Standard & Poor's 500 index gained 0.6 percent.
The BNY Mellon index of leading European ADRs lost 0.5 percent, while the FTSEurofirst 300 index of top shares closed up 0.4 percent at 1079.37 points. Vodafone Group slipped 1.4 percent to $26.63 after a regulator extended the deadline to March 29 for rival bidder Tata Communications to offer for Britain's Cable & Wireless Worldwide, forcing the telecom's hand on a decision.
The BNY Mellon index of leading Asian ADRs gained 0.9 percent and the BNY Mellon index of leading Latin American ADRs shed 0.3 percent. China Mobile Ltd jumped 5.2 percent to $55.35 after Goldman Sachs upgraded China's large mobile operator to buy from neutral.
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