The FTSE 100 opened higher on Monday, recovering some of Friday’s losses and gaining 79.5 points or 1.32% to 6,122.42 just minutes after market open.
On Friday, the index fell 2.4% after US jobs figures fell short of analysts’ expectations. Non farm payrolls were at 173,000 last month, fewer than the 220,000 that economists polled by Reuters had expected, causing U.S. stocks to drop more than 1 percent on Friday.
Asian stocks were subdued on Monday, resuming trading after a four day weekend to celebrate the end of WW2. Shares jumped from positive to negative, with Japan’s Nikkei ending down 0.1 percent after hitting a 7-month low.
Shanghai shares initially rose as much as 1.8 percent, but the index was last down 0.8 percent.
