After yesterday's rebound, European stock markets start the session still in positive territory. Milano about an hour after opening it gained 1,8%, ahead of London (+ 0,8%), Frankfurt e Paris (+ 1,3%).
The popular ones lead the rises on the Ftse Mib: Pop Bank (+ 5,02%), Bank Pop Milan (+ 4,96%), Banca Pop Emilia Romagna (+ 2,33%) and Where's Banca (+2,15%). Triggering the purchases were rumors of an advanced deal for the equal merger between Banco Pop and Bpm.
Also good Monte Paschi Siena, which is attempting to rebound from historic lows (+3,07%).
Also fueling the optimism are better-than-expected data on theexports of China, also favored by the weakness of the yuan.
La Shanghai Stock Exchange, however, closed the session down by 2,42%. The Composite index falls to 2.949,60 points.
La Tokyo Stock Exchange on the other hand, it recorded a sharp rise, the first of the year, after six consecutive sessions of losses, which represent the worst start to a stock market year since the foundation of the Japanese market in 1949. The Nikkei index of the 225 leading stocks gained 2,88 at the end %.
On the foreign exchange market, the euro it changes hands for 1,082 dollars (1,0833 dollars at yesterday's close) and 127,97 yen (from 127,56 yen), while the dollar/yen ratio is at 118,29 (117,72).
As for the Petroleum, after the brief foray below 30 dollars a barrel yesterday, the WTI is traded up 1,94%, to 31,03 dollars a barrel.
