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Australian share-market turbulence fueled by Brexit fears

Discussion in 'Market News' started by Lily, Jun 15, 2016.

  1. Lily

    Lily Forum Member

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    S&P/ASX200 on track for its fourth straight close in the red as investors grapple with the prospect of the world’s fifth-biggest economy pulling out of the EU

    The Australian share market faces a period of prolonged uncertainty as the possibility continues to grow that Britain could vote to leave the European Union.

    As the benchmark S&P/ASX200 faced a fourth straight day of losses on Wednesday, there were mixed results across the rest of the Asia-Pacific as investors grappled with the prospect of the world’s fifth-biggest economy pulling out of the EU and continued concerns about the state of the Chinese economy.

    Related: Brexit supporters have unleashed furies even they can’t control | Polly Toynbee

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