CEDA highlights advancement of major projects and programs under Vision 2030    Saudi commitment to pragmatic solutions towards a greener future is reemphasized as SGI Forum set to kick off on Tuesday    Vietnam approves $67 billion high-speed railway linking Hanoi and Ho Chi Minh City    Canadian news publishers sue OpenAI over alleged copyright infringement    Driving the future: How public transportation is transforming Saudi Arabia    Syrian government forces clash with insurgents in Aleppo    Poland fortifies eastern border with military project    Three crushed to death in Gaza bakery crowd amid worsening food crisis    Australia bans children under 16 from social media in groundbreaking legislation    Mahrez's strike secures Al-Ahli a narrow win over Al-Wehda    FIFA announces nominees for The Best FIFA Football Awards 2024    Riyadh Metro: An enduring legacy of King Salman's leadership and vision for Riyadh's future    Saudi Arabia's FIFA World Cup 2034 bid achieves highest evaluation score in history    Substitute Al-Othman leads Al-Qadsiah to a crucial victory against Al-Khaleej    Minister Al-Samaani inaugurates technical office to enhance judicial quality in Qassim    Saudi Arabia receives extradited citizen wanted for corruption crimes from Russia    K-Pop group NewJeans split from agency in mistreatment row    Culture minister visits Diriyah Art Futures    Best-selling novelist Barbara Taylor Bradford dies    Adele doesn't know when she'll perform again after tearful Vegas goodbye    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







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European stocks 2 London


minded Prime Minister Junichiro Koizumi.
But Shinji Igarashi, equity sales manager at Chuo Securities, said the market would likely be supported by retail investors even if foreign buying lost its momentum.
For the time being, though, foreign investor interest remains strong -- a factor which helped the yen to claw back most of its losses last week against the dollar.
"The yen is benefiting from Japanese stock markets and capital flows into the Japan growth story looks good," said Carsten Fritsch, currency strategist at Commerzbank in Frankfurt.
In thin trading, the yen recovered to about 109.65, having traded a little under 111 at the end of last week.
The euro changed hands for around $1.2185, up slightly on the day.
The FTSEurofirst 300 index of leading European shares put on 0.1 percent to 1,195.4 points.
Capping the upside were leading drug stocks such as GlaxoSmithkline, Novartis and AstraZeneca which fell due to litigation risk worries after a Texas jury found U.S. peer Merck & Co. liable in the death of a man who took its popular painkiller Vioxx.
"This highlights the risk of litigation in the sector," said Max Herrmann, a drugs analyst at ING. "Glaxo has a Cox-2 inhibitor drug in development, and the company has to prove this drug does not have the same safety risks as Vioxx.
U.S. stock index futures indicated a positive start to trade on Wall Street after U.S. stocks ended little changed on Friday, despite a near-8 percent drop in Dow component Merck & Co.
U.S. Treasuries drifted down and were expected to face a quiet week before a key speech from Federal Reserve Chairman Alan Greenspan speaks on Friday, which investors hope will yield more clues on the inflation risks and monetary policy outlook.
Benchmark U.S. 10-year Treasury yields were trading at around 4.225 percent while comparable 10-year euro zone government bonds yielded 3.19 percent.
Gold bounced off a two-week low and traded at around $437.5 a troy ounce.
--SP 1342 Local Time 1042 GMT


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