A roundup of trading on major world markets:
NEW YORK – Wall Street was closed for the US Labor Day public holiday.
LONDON – European stocks have climbed with London’s FTSE 100 index of leading shares adding 0.52 per cent to close at 6,074.52 points.
The CAC 40 in Paris rose 0.59 per cent to 4,549.64 and in Frankfurt the DAX 30 gained 0.70 per cent to 10,108.61.
HONG KONG – Shanghai has led most Asian markets lower as early gains were wiped out with dealers in a cautious mood.
It comes after China revised down its 2014 growth figure and prepared to release more data that will give clues on the slowing economy.
After enjoying a morning rally Shanghai stocks ended 2.52 per cent lower, while Hong Kong finished 1.23 per cent off.
Sydney, where several firms reliant on China for business are listed, finished 0.20 per cent down. Tokyo ended 0.38 per cent higher on bargain-buying while a weaker yen also boosted exporters.
WELLINGTON – The S&P/NZX 50 Index rose 25.85 points, or 0.5 per cent, to 5572.73.
