HONG KONG — Global stocks mostly rose Monday, although Wall Street remained closed for the holiday, as investors awaited key reports this week, including economic data, corporate earnings and minutes from the Federal Reserve’s last meeting.

In Europe, Germany’s DAX gained 0.6 percent to 11,827.62 and Britain’s FTSE 100 was flat at 7,299.86. France’s CAC 40 shed 0.1 percent to 4,864.99. Greek bonds rose after eurozone finance ministers moved a step closer to freeing up more rescue loans for the country.

U.S. markets set record highs on Friday but remained closed for trading Monday for Presidents Day.

Markets await the Federal Reserve’s release Wednesday of minutes from its January policy meeting, which might provide new insight in the U.S. central bank’s views on interest rates. Last week, Fed chief Janet Yellen indicated the Fed is likely to speed up the pace of its interest rate rises if the job market remains healthy and inflation stays on track. Also due this week: a German business confidence index on Tuesday, U.S. new home sales on Friday and earnings from big companies such as British bank HSBC.

Shares in consumer goods giant Unilever fell 5.2 percent after rival Kraft Heinz said it was dropping its $143 billion offer. Unilever, which has brands like Lipton, Dove and Hellman’s, had rejected the bid as too low and its shares had jumped 14 percent on Friday.

Japan’s benchmark Nikkei 225 index edged up 0.1 percent to close at 19,251.08 and South Korea’s Kospi advanced 0.2 percent to end at 2,084.39. Hong Kong’s Hang Seng added 0.5 percent to 24,146.08 and the Shanghai Composite Index rose 1.2 percent to 3,239.96.

Benchmark U.S. crude oil added 17 cents to $53.57 a barrel in electronic trading.


Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.

Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.