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On Monday, the stock market had very mixed dynamics. External factors were so diverse that they cannot provide a single vector on trading platforms.
It can be recalled that trading on the American stock exchanges ended last week without any changes, there was practically no dynamics. The pressure that existed in the markets was multi-directional, so all fluctuations remained within 0.5%. Moreover, the escalation of the conflict between the United States and China added to the negativity, and China's readiness to implement the first part of the trade agreement compensated for everything.
On Monday morning, the S & P500 index was up 0.5%.
Trading on European exchanges took place with weak, but still positive dynamics. Growth incentives were the gradual opening of borders after quarantine, as well as an expanding incentive policy designed to support the economies of Europe.
In the morning, the eurozone index rose 0.9%, the pan-European STOXX 600 also increased by 0.5% and Germany's DAX index rose above the rest, by 1.2%.
At the same time, trading took place with a lower volume, since neither the United States, nor Britain, nor a number of Asian countries worked due to national holidays.
On the other hand, securities Bayer AG began to grow after falling amid scandals: their jump was in the range of 6.3%.
Securities Lagardere Capital & Management also rose by 9.5%. Positive news was added to them by the purchase of a stake in the company by billionaire Bernard Arnault.
Now, the European stock market will focus on the IFO business review for the current month, which is expected to improve the latest extremely low rates.
The Asian stock market was more likely in positive than in negative. Major indices showed growth.
Japan's Nikkei 225 Index added 1.73% after news of a new batch of incentive measures that the government is ready to start introducing very soon. We are talking about a package of 100 trillion yen, or $ 929 billion. Along with this, the country's government will repeal the state of emergency introduced earlier associated with the coronavirus pandemic throughout the state.
The Japanese corporate sector was mixed last Monday. So, Fujitsu Ltd. Securities rose by 2.6%, while Advantest Corp., on the contrary, showed a decline of 1.1%. Sony is also down by 0.3%.
China's Shanghai Composite Index climbed 0.15%. Hong Kong's Hang Seng Index also increased slightly: its growth was only 0.1%.
South Korea's Kospi Index jumped 1.24%. Corporate news was quite positive. The largest car manufacturers Kia Motors and Hyundai Motor rose higher together. The first was able to increase by 1%, and the second went even further and added 1.6%.
Australia's S & P / ASX 200 was also in the positive zone. It showed growth of 2.16%, which allowed it to come even closer to his maximum marks over the past ten weeks. Most market participants are betting that the Australian economy will be able to show rapid recovery after the COVID-19 pandemic. However, the country's statistics are not yet good. So, according to preliminary data from the country's statistical bureau, exports last month were 12% lower, while imports declined by 5%.
Nevertheless, the recovery continues in the corporate sector in Australia. Shares of major mining companies BHP and Rio Tinto rose by 1.3% and Securities National Australia Bank was up by 2.7%.
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