Asian Energy and Shipping Stocks Fall as Airlines Rise on Mideast Hopes
Asian energy and shipping stocks declined while aviation shares gained as oil prices fell on optimism for a resolution to the Middle East conflict.
By Kimberley KaoEnergy and shipping stocks in Asia declined sharply Thursday morning, while aviation stocks gained as oil prices fell on rising optimism for a resolution to the Middle East conflict."Markets welcomed the decisive Democratic sweep of Congress," said Philip Wee, senior currency strate…