LONDON ( The Deal) -- European stocks recovered on Tuesday amid relief that the Turkish downing of a Russian military jet on Tuesday hasn't triggered instant retaliation by the government of Vladimir Putin.
Meanwhile, the French households' confidence index held firm in November, although only 7% of responses were collected after the Nov. 13 terrorist attacks in Paris, according to statistics agency Insee.
In London, the FTSE 100 was up 0.79% at 6,327.11. In Germany, the DAX was up 1.24% at 11,069.36. The CAC 40 in Paris climbed 1.39% to 4,887.20.
In Istanbul, the BIST 100 was down marginally.
Reports on British Broadcasting Corp. and elsewhere said the second pilot on the downed jet is safe, having been rescued by the Syrian army. The first was reportedly killed by rebel gunfire as he parachuted out of the jet.
Tour operator Thomas Cook Group (TCKGF) , which has fallen in recent days because of fears terrorist attacks will curb tourism, was up about 9% in London after it posted its first full-year profit in five years and indicated it will start paying dividends again early in 2017 for the 2016 fiscal year.
Home builders including Barratt Developments (BTDPF) , Bellway, Persimmon, Taylor Wimpey and Crest Nicholson rose sharply in London on expectations Chancellor of the Exchequer George Osborne will later Wednesday announce £6.9 billion ($10.4 billion) in subsidies for the industry in a fall government budget update known as the autumn statement. The funding aims to get 400,000 new homes built to help address Britain's huge housing shortfall.