Markets likely to open flat on Monday after heavy losses on Friday in the wake of the UK vote to leave the European Union Britain's decision to depart from the European Union caused convulsions in the Australian sharemarket on Friday but the worst is likely to be over, some analysts say. More than $55bn was wiped off the Australian bourse as worried investors considered the economic fallout of Brexit both domestically and in Britain.
Worst of Brexit-induced falls may be over for Australian markets, analysts say
The Guardian - 26 Jun 2016 03:04
Markets likely to open flat on Monday after heavy losses on Friday in the wake of the UK vote to leave the European Union Britain's decision to depart from the European Union caused convulsions in the Australian sharemarket on Friday but the worst is likely to be over, some analysts say. More than $55bn was wiped off the Australian bourse as worried investors considered the economic fallout of Brexit both domestically and in Britain.
Share this Article
Recommended