global markets plunge after uk votes to leave eu
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Global Markets Plunge after UK Votes To Leave EU

Arab Today, arab today

Arab Today, arab today Global Markets Plunge after UK Votes To Leave EU

British voters have chosen to leave the European Union in a stunning decision with far-reaching implications
Tokyo - QNA

Investors around the world went into crisis mode as results showed British voters have chosen to leave the European Union in a stunning decision with far-reaching implications
Amid extremely volatile trading, the pound plunged more than 11% against the dollar to below $1.33, its lowest level in more than 30 years. The euro also fell heavily. 
In the final U.K. referendum results, 51.9% of votes were for leaving. Many investors had been betting on Brits choosing to stay. 
Stocks got hammered amid the panicked mood. After wild swings, Japan's Nikkei closed down 7.9%. The Hang Seng in Hong Kong dropped 4.3%. 
Shares in London are set for a brutal day as stock futures are trading around 8% down. U.S. stock futures are also sharply lower, with the Dow projected to tumble more than 650 points at the open. 
British bank stocks traded in Hong Kong were hit especially hard -- HSBC and Standard Chartered both nosedived around 10%. 
Investors turned to safe assets like the Japanese yen, which soared against the dollar. Gold jumped around 4%. 
Concerns over Britain potentially choosing to leave the EU have caused turmoil in international markets in recent weeks. The FTSE 100 seesawed violently and the pound was more volatile than even during the 2008-2009 financial crisis. 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

global markets plunge after uk votes to leave eu global markets plunge after uk votes to leave eu

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

global markets plunge after uk votes to leave eu global markets plunge after uk votes to leave eu

 



GMT 06:45 2017 Sunday ,04 June

Zidane back among the immortals

GMT 09:29 2018 Monday ,01 January

Lavrov to visit Kuwait this month

GMT 04:10 2017 Wednesday ,27 December

Three Miss America officials resign, one apologizes

GMT 03:10 2017 Friday ,22 December

Arsenal wasted Oxlade-Chamberlain

GMT 21:44 2017 Wednesday ,18 October

Sisi holds phone talks with King Abdullah II of Jordan

GMT 12:35 2016 Friday ,05 February

Team Sky take charge at Herald Sun Tour cycling race

GMT 03:29 2017 Monday ,17 April

Al Nu'amani meets UK military official
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday