Overseas Trading: Airlines, Autos Push Global Stocks Higher

Most major global stock indexes gained Tuesday, with airlines, automakers, and energy stocks among the top advancers

by Elizabeth Harrow

Published on Nov 17, 2015 at 8:28 AM

Asian markets ended mostly higher today, following Wall Street's bullish lead. Airline stocks bounced back from Monday's Paris-related losses, with Korean Air catching an extra boost from its stronger-than-forecast quarterly earnings report. A cooler yen provided support for Tokyo's main bourse -- but, one day after outperforming its regional counterparts, the Shanghai Composite bucked the positive trend to end 0.04% lower. Meanwhile, Japan's Nikkei and Hong Kong's Hang Seng added about 1.2% each, and South Korea's Kospi tacked on 1.1%.

Europe is also on the upswing at midday, with Paris leading the charge. Energy stocks are among the top gainers -- led by the likes of Total, Royal Dutch Shell, and BG Group -- even as Brent crude prices ease. Elsewhere, automakers are on the rise following upbeat monthly sales data. At last check, France's CAC 40 is up 2.2%, the German DAX has gained 1.8%, and London's FTSE 100 is 1.7% higher.

Overseas markets 1117


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