HONG KONG (AFP) - A positive lead from Wall Street boosted Asian shares Tuesday as investors sought bargains after the previous days falls, but lingering fears over eurozone debt stalked markets. Following Mondays slide, triggered by fears that a rate hike from the Reserve Bank of India would be a precursor to similar moves elsewhere, investors switched their focus to overnight gains in the United States. The Dow Jones Industrial Average rose 0.41 percent, lifted by health care-related stocks after Congress passed a landmark overhaul of the sector that greatly expands insurance coverage. The tech-rich Nasdaq composite advanced 0.88 percent. There was some concern that the US market would take a dim view of the reforms, BBY Senior Institutional Trader Peter Copeland told Dow Jones Newswires. But the reverse happened, so we have just unwound yesterdays fall. Hong Kong closed up 0.26 percent, or 54.53 points, to 20,987.78 as some investors took to the sidelines ahead of full-year results from Bank of China, the first of Chinas major state lenders to report earnings this season. The lender said its 2009 net profit rose 26 percent to 81.07 billion yuan (11.8 billion US), which was slightly above expectations. Sydneys S&P/ASX200 index gained 0.92 percent, or 44.6 points, to 4,874.80 with miners rebounding from Mondays losses. As a court case continued in Shanghai at which four Rio Tinto employees are on trial for bribery and trade-secrets charges, shares in the Anglo-Australian miner rose 0.92 percent. Rival BHP Billiton was up 1.1 percent. However, Shanghai fell 0.70 percent, or 21.45 points to 3,053.13 on investor concerns ahead of reporting season and amid general unease over potential inflation-tackling measures by Beijing. Nagging fears over eurozone debt coloured a cautious return from a public holiday for Tokyo, which closed down 0.47 percent, or 50.57 points, at 10,774.15 with exporters under pressure. Concerns about Greeces debt problems are persistent and exporters with relatively high presence in Europe are underperforming, said Yutaka Miura, senior technical analyst at Mizuho Securities. Exporters weighed on the Japanese market on the yens relative strength, with companies exposed to Europe particularly hurt. Mazda Motor shed 1.6 percent, Canon gave up 0.7 percent and Nikon lost 1.9 percent. Toshiba bucked the trend to jump 3.55 percent on news it was in talks with a company backed by Microsoft founder Bill Gates to develop a small nuclear reactor. After the market close Dai-ichi Mutual Life Insurance Co. announced an April 1 initial public offering worth 15.5 billion dollars, the worlds biggest since Visas in 2008. Traders eyed German resistance to a European Union financial rescue plan for eurozone member Greece, whose huge sovereign debt is rocking confidence in the euro ahead of a crunch EU summit this week. The single currency fell to 1.3548 dollars in Tokyo afternoon trade from 1.3560 in New York late Monday. Against the yen, it rose to 122.31 from 122.24. The dollar changed hands at 90.28 yen, up from 90.09 yen. In New York on Monday the euro had fallen to 1.3496 dollars its lowest level since the start of March as European Union leaders came under pressure to resolve the Greek crisis at their two-day summit in Brussels starting Thursday. The 16-nation eurozone is enduring the worst crisis in its decade of existence amid spiralling government debt levels, anaemic economic growth rates and rising social protests against austerity measures and high unemployment. Oil was lower. New Yorks main contract, light sweet crude for May delivery, fell 19 cents to 81.41 dollars a barrel and Brent North Sea crude for May delivery dropped 14 cents to 80.40 dollars. Hong Kong gold closed lower at 1,103.00-1,104.00 US dollars an ounce, down from Mondays close of 1,107.00-1,108.00 dollars. In other markets: Seoul closed up 0.55 percent, or 9.15 points, to 1,681.82. Singapores Straits Times Index gained 0.57 percent, or 16.48 points, to 2,905.66. Property developer CapitaLand closed 0.5 percent higher at 4.04 Singapore dollars, DBS Group Holdings gained 1.67 percent to 14.60 Singapore dollars and Singapore Airlines was 0.52 percent up at 15.42 Singapore dollars. Taipeis weighted index closed down 0.31 percent, or 24.11 points, at 7,811.87. Taiwan Semiconductor Manufacturing Co rose 1.02 percent to 59.6 Taiwan dollars and United Microelectronics Corp fell 1.20 percent to 16.55. The Kuala Lumpur Composite gained 0.87 percent, or 11.2 points, to close at 1,304.85. Builder IJM was up 2.20 percent to 4.64 ringgit while Gamuda added 3.30 percent to 2.83. National carrier Malaysia Airlines gained 4.70 percent to 2.02. Jakarta gained 18.46 points or 0.68 percent to 2,720.86 Bangkok rose 1.32 percent or 10.23 points to close at 782.48. Bangkok Bank gained 3.00 baht to close at 131.00 baht, and PTT Plc jumped 7.00 baht to finish at 256.00 baht. In Manila, Philippine share prices rallied to a two-year high, rising 1.47 percent or 45.35 points to close at 3,129.24. Bank of Philippine Islands closed 1.1 percent higher at 47.00 pesos and Philippine Long Distance Telephone rose 0.2 percent to 2,550 pesos. In Wellington shares closed down 0.15 percent or 4.93 points to 3,228.37. Mumbai closed up 0.23 percent, or 40.45 points to 17,451.02. Property firm DLF fell 2.06 percent or 6.2 rupees to 295.2 while the largest private sector firm Reliance Industries rose 1.43 percent or 15.35 rupees to 1,089.25.