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Global Markets Post Gains

Stocks rise in Europe and Asia.

Stocks around the world were on the rise Wednesday, as traders in many markets returned from their one-day holiday in the mood to buy.

Tokyo's Nikkei 225 was up 0.7% at 17,395, and Hong Kong's Hang Seng added 0.3% to 20,388. South Korea's Kospi was better by 0.7% at 3198, and Taiwan's Taiex tacked on 0.4% at 7903.

Australia's All Ordinaries Index jumped 1.4% to 6224, and Singapore's Straits Times Index surged 1.7% to 3418.

The U.K.'s FTSE 100 gained 1% to 6485, and Germany's Xetra DAX increased 0.6% to 7456. The Cac 40 in France rose 0.5% to 5990, and the Swiss Market Index edged up 0.2% at 9445. Italy's MIB 30 was ahead by 0.2% at 43,644.

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As for the Americas, Canada's S&P/TSX Composite improved 1.3% to 13,580. Mexico's Bolsa and Brazil's Bovespa were each seeing 1% gains. Argentina's Merval climbed 0.5% to 2165.

On Tuesday, a large number of global markets were closed for the May Day holiday.