Overseas Trading: South Korea Bucks Global Downtrend

Most global markets traded lower, with airlines and energy stocks among the top laggards

by Elizabeth Harrow

Published on Nov 23, 2015 at 8:13 AM

It was a mixed finish in Asia today. Industrial stocks were a pocket of strength in Shanghai, bolstered by the government's freshly approved plans for a high-speed rail, but losses in airlines and energy names eventually dragged the mainland's market to a 0.5% loss. Hong Kong's Hang Seng followed suit, ending the session off 0.4%. Meanwhile, South Korea's Kospi overcame weakness in exporters to rise 0.7%, while traders in Japan observed the Labor Thanksgiving holiday.

European markets are in the red at midday, pressured by weakness in commodity stocks. Uncertainty continues to reign in the wake of the recent terror attacks in Paris, with the Belgian capital on its third day of lockdown, and U.K.'s Prime Minister David Cameron requesting parliamentary approval to join France in launching airstrikes on Syria. At last check, the French CAC 40 is down 0.7%, London's FTSE 100 is 0.4% lower, and the German DAX has dipped 0.3%.

Overseas markets 1123-2


A Schaeffer's exclusive!

The Expert's Guide

Access your FREE trading earning announcements before it's too late!


 
 

Partnercenter


NEW! Explore Schaeffer’s Partners' deals and get connected to top online brokerages with deals tailored exclusively for our readers.  Get answers to your questions regarding transfer fees, commission rates, programs and available discounts related to online trading services.

MORE | MARKETstories


Look Who's Going Bankrupt Next in America
Porter Stansberry is making a concerning prediction.
Apparel Name Boosted By Earnings Beat
Three analysts have moved their price targets down to $60
Black & Decker Withdraws 2020 Guidance, Cuts Non-Essential Staff
Black & Decker said it would reduce any non-essential staff and decided to withdraw its 2020 forecast
Look Who's Going Bankrupt Next in America
Porter Stansberry is making a concerning prediction.