Pulse.com.gh logo
Go


FTSE 100 Britain’s elite stock market losses £137b one hour after Brexit

Among the biggest losers are banks and mortgage companies led by Taylor Wimpey who have lost 42pc in share price already.

  • Published:
FTSE 100 play

FTSE 100

Britain’s stock market for blue chip companies, the FTSE 100 has  dropped 8.3pc, Friday morning, wiping away £137 billion from UK blue chip stocks within minutes of markets opening this morning after Britain voted out of the EU.

Among the biggest losers are banks and mortgage companies led by Taylor Wimpey who have lost 42pc in share price already.

READ MORE:Brexit Vote Economists assess Brexit Vote impact on Ghana

Persimmon follows closely dropping 40pc, with RBS, IAG, Barclays, Lloyds dropping 34, 33 and 29pc.

The FTSE 100 is not the only market that has suffered this morning, its more populous counterpart, the FTSE 250 index which contains more average companies with direct relations to the UK domestic market, has plunged 11.7pc too.

Things are expected to get a lot worse for Britain before it gets better. Stocks are expected to fall very fast in the coming hours.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Investment banks in Ghana Top 5 investment banks in Ghana and why you...bullet
2 Salaries In 2018 Here are the dates public workers will be paid in 2018bullet
3 Ponzi schemes in Ghana These investments are Ponzi schemes in Ghana,...bullet
4 Special Prosecutor Here’s why Martin Amidu can’t work effectively...bullet
5 Kweku Adoboli Rogue banker denies saying Ghana is worse than prisonbullet
6 Finance Meet the 5 richest, most successful self-made women in...bullet
7 How to create a verified PayPal account Learn how to create...bullet
8 Accra Shops GAME store finally arrives at West Hills Mallbullet
9 How to create an NGO in Ghana How to register and start...bullet
10 Job losses Akosombo Textiles Limited fires 600...bullet

Top Videos

1 Selorm Adadevoh MTN CEO dances Agbadzabullet
2 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
3 Plane Crash Starbow suspends operations following plane crashbullet
4 Former Capital Bank staff grills pork for survivalbullet
5 Forbes 2018 Africa's billionaires rich listbullet
6 Support Finance minister buys Kantanka carbullet
7 Bozoma Saint John 10 quotes from Uber top official, Bozoma,...bullet
8 Dr Joseph Siaw Agyepong Nobody can collapse my company –...bullet
9 Money Alert Meet Africa's richest womanbullet
10 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet

Business

X
Advertisement