Asian stock markets close in green zone on Monday

Source: WBP Online
Most Asian stocks closed trading session on Monday with growth, as Japanese exporters utilized a falling yen and Chinese investors analysed newest economic data. In Japan Nikkei 225 index ended day's trading 0.3% higher at 16,466.40 points and Topix surged 0.1% to 1,321.65 points and in China Shanghai Composite added 0.5% to 2,840.61, Shenzhen Composite gained 1.2% to 1.805.07.
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Mon, 16 May 2016 09:14:11 GMT

European bourses open lower short of economic drivers

Markets in Europe started the session lower on Monday, resulting from the lack of economic indicator data releases, and kept the volumes low as the German market was closed for trading. The UK FTSE 100 index fell 0.5% and showed 6 110.23 points, along with the French CAC 40 which dropped 0.7% to trade at 4 290.71 points. The European

Mon, 16 May 2016 07:35:08 GMT

Expected oil production reductions spike oil prices on Monday

Crude oil prices increased on Monday, as markets waited for production output decrease in Venezuela and Nigeria. WTI futures jumped 1.4% to $46.84 per barrel and Brent surged 1.3% to $48.46 per barrel. In Nigeria oil companies stopped exports after acts of sabotage and outputs from Venezuela fell due to lack of investment in the industry.

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