HONG KONG (AFP) - A successful bond sale by the Spanish government lifted confidence in Asian trade on Friday, with most markets posting gains, although sentiment was tempered by disappointing US data. The upbeat news out of Spain boosted the euro, while dealers also welcomed the fact that European leaders had agreed to go public with the results of stress tests on their banks. Sydney rose 0.54 percent, or 24.6 points, to 4,551.9 and Hong Kong was 0.74 percent, of 148.31 points, higher at 20,286.71, marking an eighth straight session of gains. Tokyos Nikkei ended flat, edging down 4.38 points to 9,995.02. The Spanish Treasury raised 3.479 billion euros in a bond sale Thursday, albeit at higher rates as investors sought more reward for lending after recent debt scares. The auction followed rumours of possible strains within the Spanish banking system and suggestions that Madrid was seeking a bailout worth hundreds of billions of euros. Spain and the European Union have denied this. European leaders meanwhile agreed at a Brussels summit on Thursday to publish the results of the so-called stress tests for banks in the second half of July in a bid to reassure investors. The move came after Spain and Germany separately agreed to go public with analyses of their banks. The euro, which has soared from lows below 1.19 dollars earlier this month, picked up to 1.2409 dollars in the Tokyo morning, from 1.2388 on Thursday in New York. But the single unit edged down to 112.63 yen compared with 112.70 yen in New York, still well off recent lows below 109 yen. The dollar fell to 90.80 yen from 90.98. Gains in the euro against the US dollar after the successful Spanish bond auction will likely help keep sentiment positive as thats a sign of easing risk aversion, Woori Investment & Securities analyst Lee Kyoung-min told Dow Jones Newswires in Seoul. But the weak US data tempered the optimism. New claims for jobless benefits unexpectedly rose last week, for the second consecutive week, the Labor Department reported. The Philadelphia Federal Reserves June index on manufacturing in the Mid-Atlantic region plunged eight points to 13.4, its lowest level in nearly a year. Despite the figures the Dow closed 0.28 percent higher. The World Bank meanwhile on Friday urged China to raise interest rates to cap rampant borrowing and rein in soaring house prices, which it warned could throw the economy off the rails. Shanghai fell 1.84 percent, losing 47.02 points to end at 2,513.22 due to liquidity concerns ahead of Agricultural Bank of Chinas planned initial public offering, which could be the worlds biggest. Oil was mixed. New Yorks main futures contract, light sweet crude for delivery in July, dropped 25 cents to 76.54 dollars a barrel while Londons Brent North Sea crude for August delivery was up four cents at 78.72 dollars. Gold closed at 1,244.00-1,245.00 US dollars an ounce in Hong Kong on Friday, down from Thursdays close of 1,246.50-1,247.50 dollars.