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SYDNEY, Feb 11 AAP

February 11 2013, 06:35AM

A roundup of trading on major world markets:

NEW YORK - The S&P 500 punched to a new five-year high on Friday and the Nasdaq to its best since 2000, as stocks regained footing helped by a sharply narrowed US trade deficit.

The Dow Jones Industrial Average also reached a post-crisis high above 14,022 during trade, but slipped back to end up 48.92 points (0.35 per cent) at 13,992.97.

The S&P 500 index rose 8.54 (0.57 per cent) to 1,517.93, while the tech-rich Nasdaq Composite Index jumped 28.74 (0.91 per cent) to 3,193.87.

The indices were still shy of their all-time closing records struck on October 9, 2007, of 1,564.15 for the S&P and 14,164.53 for the Dow. The Nasdaq last saw Friday's level in 2000 as markets plunged in the dot-com crash.

LONDON - European stock markets closed higher as investors took heart from upbeat Chinese and US economic data and EU leaders adopted a seven-year budget for the 27-member union.

London's FTSE 100 index of top companies rose 0.78 per cent to 6,276.98 points in afternoon deals on Friday. Frankfurt's DAX grew 0.78 per cent to 7,650.43 points and in Paris the CAC 40 gained 1.23 per cent to 3,645.51.

The euro slipped to $US1.3382 from $US1.3395 late on Thursday in New York.

HONG KONG - Asian shares mostly rose following a sell-off in the previous session, but Tokyo was hit by a stronger yen and data showing Japan suffered its lowest current account surplus in nearly 30 years.

Data showing China's trade surplus had risen more than expected provided extra buying support, adding to a recent trend of improvement in the the world's number two economy.

Tokyo dived 1.80 per cent, or 203.91 points, to 11,153.16 while Sydney gained 0.72 per cent, or 35.6 points, to 4,971.3 and Seoul closed up 0.99 per cent, or 19.13 points, to 1,950.90.

Hong Kong rose 0.16 per cent, or 38.16 points, to 23,215.16 and Shanghai added 0.57 per cent, or 13.87 points, to 2,432.40.

Japan's Nikkei suffered a sell-off for a second straight day on profit-taking - after surging 3.77 per cent to a four-and-half-year high on Wednesday - and a stronger yen, which had fallen to multi-month lows.

WELLINGTON - The NZX 50 Index gained 30.48 points, or 0.7 per cent, to 4225.72.