[$$] Asia equities track Wall Street higher

Equities were broadly higher in Asia after the S&P 500 index closed 0.7 per cent higher on Wall Street, boosted by gains for financials and industrials. Tokyo’s Topix led the pack with a rise of 1 per cent as the key industrials and financials segments both climbed 1.3 per cent. Energy stocks gained 1.8 per cent and utilities stocks were down 0.4 per cent after marked gains for oil prices overnight. In Hong Kong the Hang Seng was close behind with a rise of 0.8 per cent as stocks rose across the board.