The Tokyo Stock Exchange is growing
The Tokyo Stock Exchange closed its trading session with a positive sign, recording an increase of 1.30% for the Nikkei index, which reached 38,780.14 points. This result was fueled by investor optimism, particularly after the appointment of Scott Bessent as the new Secretary of the Treasury under the Trump administration. Bessent’s choice is seen as a sign of a possible more moderate approach by President Trump regarding customs duties, an issue that has raised
concerns in global markets.
Impact on trade policies
The climate of confidence generated by the appointment of Bessent had a significant impact on the Tokyo Stock Exchange, also positively affecting the Topix index, which closed up 0.71% to 2,715.60 points. Asian investors seem optimistic about a possible easing of trade tensions between the United States and Japan, which could lead to a stabilization of the markets. This feeling of optimism prevailed, contributing to a higher closing for the Tokyo square
.
Positive opening at Piazza Affari
Piazza Affari also opened with a positive sign, despite some declines in the banking sector. Unicredit registered a decline of 2.7% after announcing a voluntary public exchange offer on Banco Bpm, which saw an increase of 5.7%. Philip Lane, chief economist of the European Central Bank (ECB), has predicted a possible reduction in interest rates in 2025, a factor that could further stimulate economic growth. Unicredit’s offer, worth about 10.1 billion euros, is entirely in shares, and has attracted the attention of investors, despite market fluctuations
.