MTS Help Center

• European stocks were marginally lower on Monday morning as investors digested election results out of Germany, where the nationalist Alternative for Germany (AfD) won parliamentary seats for the first time.

The pan-European Stoxx 600 was 0.09 percent lower with the major bourses moving in negative territory. Utility stocks were the worst-performers in early deals, down by about 0.3 percent, after some rating downgrades. One of them hit the German firm Rwe, which was down as much as 3.5 percent. The sector also received news that ABB is to buy General Electric's for $2.6 billion.

Chancellor Angela Merkel won a fourth term in office on Sunday, but she is due to face tough political negotiations to form a new governing coalition. At the same time, she will also have to deal with a more fractured parliament after the anti-immigration; far-right AfD party beat expectations and became the first far-right party to join the Bundestag in more than half a century.

• Japan’s Nikkei share average rose on Monday as a weaker yen lifted exporters, while expectations of economic stimulus measures after an election next month supported overall sentiment.

The Nikkei ended up 0.5 percent at 20,397.58 after adding 1.9 percent last week and hitting a two-year high of 20,481.27 on the back of strong gains in U.S. stocks and a weakening yen, as well as election hopes.

• China stocks fell on Monday, as developers slumped after a new round of government curbs to rein in the heated housing market.

The blue-chip CSI300 index fell 0.5 percent, to 3,817.79 points, while the Shanghai Composite Index lost 0.3 percent to 3,341.55 points.

Reference: Reuters, CNBC