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Asia markets trade higher

TREND Information – Major Asia and Pacific markets traded higher Tuesday in the waning days of a dismal year, reported CNN.

In Tokyo, the Nikkei closed 1.3 percent higher during an abbreviated final trading day of 2008. Despite the positive session, the index closed with its worst-ever annual percentage fall, losing 42.1 percent.

Elsewhere across the region, the KOSPI in Seoul was up 2.3 percent in afternoon trading, while Australia’s All Ordinaries index was 1.3 percent higher. Hong Kong’s Hang Seng picked up 0.9 percent.

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