(MENAFN- Saudi Press Agency)
BEIJING, Shawwal 13, 1437, July 18, 2016, SPA -- Global stock markets were higher Monday after Wall Street gains and better Chinese economic data, AP reported.
In early trading, France's CAC-40 was up 0.6 percent at 4,398.52 and London's FTSE 100 rose 0.5 percent to 6,705.45. Germany's DAX added 0.4 percent to 10,109.22. On Friday, the CAC-40 lost 0.3 percent, while the DAX was flat and the FTSE 100 rose 0.2 percent. Wall Street looked set for more gains, with the futures for the Standard & Poor's 500 index were up 0.3 percent and for the Dow Jones industrial average up 0.2 percent.
Hong Kong's Hang Seng index advanced 0.7 percent to 21,803.18 and Sydney's S&P-ASX 200 gained 0.4 percent to 5,458.50. India's Sensex rose 0.3 percent to 27,908.48 and Seoul's Kospi was up 0.2 percent at 2,021.11. Benchmarks in Singapore, New Zealand and Indonesia advanced. The Shanghai Composite Index retreated 0.4 percent to 3,043.56 and Philippine stocks also fell.
The Dow Jones industrial average gained 10.14 points, or 0.1 percent, to 18,516.55. The Standard & Poor's 500 index slipped 2.01 points, or 0.1 percent, to 2,161.74. The Nasdaq composite lost 4.47 points, or 0.1 percent, to end at 5,029.59.
Benchmark U.S. crude added 4 cents to $45.99 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 27 cents on Friday to close at $45.95. Brent crude, used to price international oils, advanced 14 cents to $47.75 per barrel in London. The contract gained 24 cents the previous session to $47.61.
The dollar rose to 105.57 yen from Friday's 104.81 yen. The euro edged up to $1.1060 from $1.1037.
--SPA
11:50 LOCAL TIME 08:50 GMT
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