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AAP

2013-01-30

A roundup of trading on major world markets:

NEW YORK - US stocks are treading in place ahead of a key consumer confidence report, despite a series of better-than-expected company earnings.

In the first five minutes of trade, the Dow Jones Industrial Average was up 10.75 points (0.08 per cent) at 13,892.68.

The S&P 500, a broad measure of the markets, edged up 0.22 point (0.01 per cent) to 1,500.40.

The tech-rich Nasdaq Composite Index fell 7.94 (0.25 per cent) to 3,146.36.

LONDON - European stocks drifted up as traders await key data and look ahead to a US Federal Reserve monetary policy meeting.

London's FTSE 100 index of leading companies rose 0.71 per cent to 6,339.19 points, hitting its highest close since May 2008.

Frankfurt's DAX 30 added 0.20 per cent to 7,848.57 points, and in Paris the CAC 40 gained 0.13 per cent to 3,785.82 points.

In foreign exchange trading on Tuesday, the European single currency rose to $1.370 from $1.3454 late in New York on Monday. On the London Bullion Market, gold prices increased to $1,663.50 an ounce from $1,656.50.

HONG KONG - Most Asian markets closed higher as traders await key economic data out of the US and China and the start of the corporate earnings season.

Tokyo climbed 0.39 per cent, or 42.41 points, to 10,866.72 on Tuesday and Sydney jumped 1.11 per cent as dealers returned from a long weekend, the index adding 53.8 points to end at 4,889.0.

Seoul added 0.84 per cent, or 16.25 points, to 1,955.96, while Hong Kong ended flat, edging down 16.71 points to 23,655.17.

Shanghai rose 0.53 per cent, or 12.47 points, to 2,358.98, extending strong gains from the previous session as confidence in the mainland economy grows stronger.

WELLINGTON - The NZX50 Index of leading stocks lost 4.148 points, or 0.99 per cent, to 4,200.289.