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Property and financial shares slide as referendum fallout hits stock markets

Discussion in 'Market News' started by Lily, Jun 27, 2016.

  1. Lily

    Lily Forum Member

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    FTSE 100 opens lower while sterling remains under pressure after EU referendum vote

    Shares in housebuilders and banks suffered further losses on Monday as the economic and political ramifications of the Brexit vote continued to weigh on markets.

    The pound remained under pressure on the foreign exchange markets, although it regained some ground after an early morning announcement from George Osborne, the chancellor, who said he would not resign and insisted the country was “ready to confront what the future holds for us from a position of strength”.

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