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

Nov 17, 2015 at 8:28 AM
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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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