29 Sep 2009

Asia-Pacific markets higher at close

10:35 pm on 29 September 2009

Markets in the Asia-Pacific region were higher at the close of trade on Tuesday.

In New Zealand, the benchmark index closed up 24 points, or 0.7%, to 3155 on Tuesday.

Telecom was down 2 cents at $2.63 per share, but Fletcher Building gained 16c to $8.45 and Contact Energy rose 8c to $5.81.

Fisher and Paykel Applicances was up 2c to 69c, but Mainfreight fell 4c to $5.20.

In Australia, the ASX 200 share index reached its highest close in almost a year after the local market replicated a surge on Wall Street.

The benchmark ASX 200 gained 76 points to 4,753, while the broader All Ordinaries index jumped 1.5% to 4,747 at the close, the ABC website reports.

In Japan, shares closed up 0.91%, helped by a rally on Wall Street and easing concerns over the recent strength of the yen, which hurts exporters.

The benchmark Nikkei-225 index gained 90.68 points to 10,100.20. The broader Topix index of all first section shares added 1.16 points, or 0.13%, to 904.00, AFP reports.