Investors bet on remain as polling day trading lifts sterling and shares

Discussion in 'Market News' started by Lily, Jun 23, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Pound hits new high for 2016 and FTSE 100 a two-month peak amid warnings about potential losses in event of Brexit

    Investors have put their money on a remain vote in the EU referendum, as polling day trading lifted the pound to a new high for 2016 and the FTSE 100 rose to a two-month peak.

    As the market exuberance of recent trading sessions continued, there were fresh warnings that investors were setting themselves up for heavy losses in the event of Brexit when the outcome of the vote becomes clear on Friday.

    Related: Pound and shares jump as investors await referendum result – as it happened

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