Europe: Stocks rise at open

[LONDON] Europe's main stock markets gained at the start of trading on Monday, with investors' attention this week set to be fixed firmly on the fallout from Brexit and US jobs data.

London's benchmark FTSE 100 index gained almost 0.4 per cent compared with Friday's close to open at 6,600.98 points.

In the eurozone, Frankfurt's DAX 30 grew 0.2 per cent to 9,797.66 points and the Paris CAC 40 won 0.3 per cent to 4,288.50.

"Brexit will remain the dominant story in the markets again this week with investors remaining somewhat in limbo over the future of the UK's relationship with the EU," said Craig Erlam, senior market analyst at Oanda trading group.

"The UK won't be the only focus for investors this week though with a number of key pieces of economic data being released, none more important than Friday's US jobs report."

Tokyo stocks closed higher on Monday, marking a sixth-straight winning session for the benchmark index as traders cast off early losses to extend a global rally.

AFP