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FTSE 100 hits three-month low as Brexit fears grow

Discussion in 'Market News' started by Lily, Jun 14, 2016.

  1. Lily

    Lily Forum Member

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    Shares suffer fourth day of heavy losses, while sterling and oil prices also fall

    Shares in London hit a fresh three-month low on Tuesday as Brexit worries swept through the City, wiping £30bn off the value of blue-chip companies.

    The FTSE 100 index closed down 121 points at 5923, its lowest level since late February, and its fourth day of heavy falls. Across the continent investors suffered a similar fate as shares plunged on most bourses, taking losses on the Eurostoxx 600 over the last five days to €600bn.

    Related: EU referendum: leave takes six-point lead in Guardian/ICM polls

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