AlQa'dah 23, 1436, Sep 7, 2015, SPA -- Asian stocks were mostly lower Monday while Europe rose after Chinese officials said market turbulence was ending and uneasy investors mulled the timing of a U.S. rate hike and looked ahead to data on China's slowing economy, AP reported. In early trading, France's CAC-40 climbed 1 percent to 4,566.30 and Germany's DAX gained 0.8 percent to 10,121.70. Britain's FTSE 100 added 0.9 percent to 6,099.99. On Friday, the CAC-40 lost 2.8 percent and the DAX declined 2.7 percent while Britain's FTSE 100 fell 2.4 percent. Wall Street is closed Monday for the Labor Day holiday. The Shanghai Composite Index sank 2.5 percent to 3,080.42 after fluctuating between gains and losses. Tokyo's Nikkei 225 rose 0.4 percent to 17,860.47 while India's Sensex declined 0.3 percent to 23,135.45. Sydney's S&P/ASX 200 shed 0.2 percent to 5,030.40 and Seoul's Kospi was off 0.2 percent at 1,883.22. Singapore and Jakarta also declined. On Friday, the Dow Jones industrial average fell 272.38 points, or 1.7 percent, to 16,102.38. The Standard & Poor's 500 gave up 29.91 points, or 1.5 percent, to 1,921.22; the index ended the week down 3.4 percent, its second-worst weekly drop of the year. The Nasdaq composite slipped 49.58 points, or 1.1 percent, to 4,683.92. Benchmark U.S. crude fell 43 cents to $45.62 per barrel in electronic trading on the New York Mercantile Exchange. On Friday, it shed 70 cents to close at $46.05 in New York. Brent crude, used to price international oils, lost 60 cents to $49.02 in London after falling $1.07 to $49.61 on Friday. The dollar gained to 119.28 yen from 119.04 yen on Friday. The euro edged up to $1.1160 from $1.1147.
