UK stock market rebounds from four-month low

Discussion in 'Market News' started by Lily, Jun 17, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    With EU referendum campaigning suspended and Brexit fears somewhat abated, investors end week in calmer mood

    The UK stock market ended a choppy week on a stronger note, rebounding from a four-month low as traders nervously shuffled their positions in the final days before the EU referendum.

    Risk aversion continued to pervade UK and global markets over the week, with figures showing more than $1bn (£700m) was pulled out of UK equity funds, the second biggest outflow over the past decade.

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