25 June 2016 Market Review
Brexit wrecked havoc on the markets last week, to no one’s surprise. Since it wasn’t expected to actually happen, the markets hadn’t priced the effect of the outcome, so they adjusted accordingly. Since it is almost the end of June, we will be summarizing the month as well as the 2nd quarter.
The FTSE closed the week at 6138.7 to be down 1.9% on the week, down 1.1% for June and slightly down 0.12% over Q2. The Dax was down 0.77% for the week by closing at 9557.2, was down 5.4% for June and for the quarter was down 2.4%. The […] Read more