European stock markets opened in red
The main European stock markets have opened the session downwards, influenced by the official employment report in the US last Friday. Although its improvements compared to the previous month, it was a negative surprise for a second consecutive month.
Several minutes after the opening, Frankfurt stumbled the most with a loss of 0.25%. Madrid followed it with a decrease of 0.21%. Meanwhile, Paris dropped by 0.15%, and Milan yielded 0.10%. Only the London Stock Exchange rose by a slight 0.11%.
For its part, the Euro Stoxx50, which groups together the leading European companies, was also reduced by 0.16%.
This week, investors will be watching for the ECB meeting and the US CPI data, which will continue to press upward in the short term.
They will also pay particular attention tomorrow to the release of Germany’s ZEW economic sentiment indicators.
In the debt market, the interest on the German bond, considered the safest, rose to 0.208%.
Nikkei rose by 0.27%, hoping that the US maintains stimulus
Nikkei increased by 0.27% on Monday. The US weak employment data raised expectations that the country will not encourage the withdrawal of economic stimuli.
Nikkei advanced by 77.72 points to 29,019.24. The Topix, listing the firms with the highest capitalization, added 0.08% or 1.66 points to stand at 1,960.85 units.
The Japanese market cut the rise during the day because investors chose to ensure profits.
The maritime transport sector acquired the main increases, along with services and information and communication sectors.
Konami, the manufacturer of toys, recreational, and video games, recorded the highest increase among the companies listed on the Nikkei. The company rose by 6.97%. It was followed by K-Line, the transport company, which climbed by 5.51%. Meanwhile, Olympus, the manufacturer of optical and imaging equipment, advanced by 5.15%.
The electronic components manufacturer Lasertec brought together the highest trading volume of the session and fell by 1.89%.
The Softbank group followed them with a rise of 9.62%. On the other hand, Toyota yielded 0.32%.
