(MENAFN- Saudi Press Agency) BEIJING Rabi'I 10 1437 Dec 21 2015 SPA -- Global stocks were mostly higher Monday following Wall Street's decline as the impact of a long-awaited U.S. interest rate cut faded according to AP.
In early trading Germany's DAX advanced 0.1 percent to 10619.00 and France's CAC 40 shed 0.3 percent to 4610.53. On Friday the DAX lost 1.7 percent the CAC 40 fell 1.5 percent and Britain's FTSE 100 was down 0.7 percent. Wall Street looked set for gains with the Dow Jones industrial average future up 0.3 percent and that for the Standard & Poor's 500 index up 0.4 percent.
The Shanghai Composite Index gained 1.8 percent to 3642.47 and Tokyo's Nikkei 225 shed 0.4 percent to 18916.02 while Bangkok and Singapore also declined. Seoul's Kospi advanced 0.3 percent to 1981.19 India's Sensex added 0.6 percent to 25682.87 and New Zealand also rose. Sydney's S&P/ASX 200 was unchanged at 5109.00.
Benchmark U.S. crude fell 45 cents to $35.61 per barrel in electronic trading on the U.S. Mercantile Exchange. The contract shed 19 cents on Friday to close at $36.06. Brent crude used to price international oils lost 73 cents to $36.15 per barrel in London. It declined 18 cents in the previous session to $36.88.
The dollar rose to 121.33 yen from Friday's 121.15 yen. The euro edged up to $1.0869 from $1.0867.
--SPA
12:11 LOCAL TIME 09:11 GMT
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