Toast to Tokyo Stock Exchange today after the official release of the free trade agreement between the United States and 11 Pacific countries (including Japan) called the Trans-Pacific Partnership (TTP). L'Nikkei index closed today at 18186 points by registering a round 1% increase.
In addition toagreement on the TTP, the positive performance of the Japanese market was also influenced by investors' expectations regarding a further postponement by the Fed of the rise in US interest rates.
The Chinese stock exchanges of Shanghai and Shenzhen are still closed for holidays while as regards the other markets, we note the excellent rise of the Jakarta stock exchange (Indonesia + 1,88%), the positive closure of Seoul (+0,63% ) and Taiwan (+0,5%) and the slight decline in Hong Kong (-0,19%).
Openings all negative, however, for the main European markets. And after an hour of bargaining it is Milano the worst in Europe with the Ftse Mib registering a 0,64% drop. Frankfurt loses 10% at the opening at 0,52, Paris -0,23% while Madrid loses 0,11%.
In Milan heavy the liabilities of Saipem which at 10,10 lost 4,62%. The Mps stock is also bad today with a drop of 1,4%. Among the best, however, there is Finmeccanica with an increase of 1,37%.
