These Five Charts Show How Brexit Rocked Europe’s Stock Market
Deep Dive Into the Market Reaction to the Brexit
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Britain’s shock decision to secede jolted Europe’s stock markets and resulted in the resignation of U.K. Prime Minister David Cameron.
While investors fled Italy, Spain and Greece the fastest, U.K. companies that rely on international markets for revenue got a boost from a plunging pound. Trading surged around the region, with the Stoxx Europe 600 Index tumbling by the most since the global financial crisis of 2008.