(ANSA) Milan, August 31 - Trading opened negatively in Asia
on Monday, affected by concerns over a possible increase in
Federal Reserve rate cuts in September.
Tokyo recorded -1.3%, making August the worst in the last
three years, 8.5% down.
Hong Kong was also weak (-0.27%), Shanghai contained losses
at 0.82% while Shenzen was down 3.06%.
In Milan the Ftse Mib was -0.09% on 21,968 points.
Eni was up 3.75% thanks to its giant gas discovery in
Egypt, while Saipem recorded a 1.3% increase.
Frankfurt (-0.63%) and Paris (-0.77%) both opened
negatively.
Stocks slump in Asia, Tokyo -1.3%, fear of Fed cuts
Shangai -0.82, Shenzen -3.06, Milan and Europe open negatively