(MENAFN- Saudi Press Agency) World stock markets were mostly higher Monday after Wall Street rebounded and China's leaders promised to shore up slowing growth, AP reported.
In early trading, France's CAC-40 rose 0.1 percent to 5,053.21 and Germany's DAX added 0.6 percent to 11,520.27. Futures augured a modest start on Wall Street. Dow futures and S&P 500 futures were both up 0.1 percent. On Friday, the Dow rose 1 percent at the S&P gained 1.1 percent while the Nasdaq composite added 1.3 percent.
The Shanghai Composite Index gained 0.9 percent to 4,480.46 and Seoul's Kospi rose 0.2 percent to 2,132.23. Sydney's S&P/ASX 200 advanced 0.2 percent to 5,827.50. Manila and Jakarta also advanced. Singapore and New Zealand declined. Tokyo was closed for a holiday.
Benchmark U.S. crude gained 8 cents to $59.24 in electronic trading on the New York Mercantile Exchange.
The dollar weakened to 120.10 yen from Friday's 120.17 yen. The euro declined to $1.1187 from $1.1201.
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