World stocks mainly higher

|By:, SA News Editor

Global equities are generally higher - although with a number of exceptions - with the strong U.S. manufacturing PMI data from yesterday cited as a major reason for the positive sentiment.

"The market thinks for now that the underlying U.S. economic trend remains strong and things will get better in the spring, when it gets warmer," says market economist Sho Aoyama.

Japan +2.9%, Hong Kong +0.8%, China -1.2%, India +0.8%.

Euro Stoxx 50 +0.05%, London +0.5%, Paris +0.1%, Frankfurt -0.1%, Milan -0.3%, Madrid -0.25%.

U.S. stock futures: Dow +0.2%. S&P +0.2%. Nasdaq +0.2%