(AFP) - European stock markets have risen slightly in the wake of a positive start to the week for Asian shares and as investors looked for a rebound by Wall Street.
London's FTSE 100 index of leading shares gained 0.36 percent to 5,855.00 points in morning trade, Frankfurt's DAX 30 index climbed 0.20 percent to 5,694.65 points and in Paris the CAC 40 advanced 0.13 percent to 4,972.55 points, reports Trend.
The DJ Euro Stoxx 50 index of leading eurozone shares edged up 0.06 percent to 3,650.80 points.
The euro stood at 1.2774 dollars.
Japanese share prices ended higher Monday as investors cheered an upbeat survey of business sentiment, dealers said.
US shares had closed lower on Friday.
Gains to European indices on Monday were limited by falls to share prices across the aerospace and auto sectors.
BAE Systems shed 3.38 percent to 357.25 pence in London after news that its 20-percent stake in Airbus, which it is looking to sell to EADS, has been independently valued at 2.75 billion euros (3.5 billion dollars) by investment bank Rothschild.
British group BAE Systems had expected proceeds of between 3.7 and 7.0 billion euros.
In Paris the share price of the European Aeronautics Defence and Space Company dropped 1.51 percent to 22.12 euros as the market digested news also of a management shake-up at EADS.
The group's co-chief executive and the head of its Airbus subsidiary paid with their jobs on Sunday for the crisis that has wiped billions of euros off the value of EADS.
The two companies issued terse statements announcing EADS's French co-boss Noel Forgeard and Airbus's head Gustav Humbert, a German, were stepping down. Both were replaced by Frenchmen.
Renault shares fell by 1.07 percent 83.10 euros before a meeting of the French car giant's supervisory board to consider an alliance with General Motors of the United States.
Some analysts expressed reservations about inclusion of GM in the Renault-Nissan alliance. Renault's French rival Peugeot was 0.06-percent lower at 48.62 euros.
Earlier in Asian trade, Nissan Motor shares closed up 0.56 percent at 1,257 yen. The Tokyo Stock Exchange's benchmark Nikkei-225 index climbed 0.43 percent to 15,571.62 points.
Hong Kong's key Hang Seng Index ended the day 0.36-percent higher at 16,326.66 points.
On Wall Street, US stocks closed lower on Friday, a day after an exuberant rally that had been caused by signs of an end soon to the Federal Reserve's two-year rate-hiking cycle.
The Dow Jones Industrial Average slipped 0.22 percent to 11,166.39 points and the tech-heavy Nasdaq composite edged down 0.08 percent to 2,172.67.
The broad-market Standard and Poor's 500 lost 0.14 percent to 1,271.13 points.