World stocks rose Tuesday but gains were tempered as a manufacturing survey underlined that China's economic growth is still losing momentum, according to AP. France's CAC 40 added 0.3 percent to 5,069.67 and Germany's DAX gained 0.3 percent to 11,930.19. Britain's FTSE 100 rose 0.2 percent to 7,051.62. Futures augured gains on Wall Street after Monday's sell-off. S&P 500 futures were up 0.1 percent at 2,097.80. China's manufacturing fell to the lowest level in nearly a year as new orders shrank. HSBC's preliminary manufacturing index based on a survey of factory purchasing managers dropped to an 11-month low of 49.2 in March, from February's 50.7. Japan's Nikkei 225 dropped 0.2 percent to close at 19,713.45. South Korea's Kospi added 0.2 percent to 2,041.37. Hong Kong's Hang Seng sank 0.4 percent to 24,399.60 and China's Shanghai Composite added 0.1 percent to 3,691.41. Australia's S&P/ASX 200 rose 0.2 percent to 5,969.10. Benchmark U.S. crude was down 18 cents to $46.27 a barrel in electronic trading on the New York Mercantile Exchange. The contract dipped 24 cents to $47.21 on Monday. Brent crude, a benchmark for international oils, lost 10 cents to $55.82 in London. The dollar was trading at 119.46 yen, down from 119.88 yen Monday. The euro rose to $1.0991 from $1.0952.
