FTSE 100 goes up as Brexit worries ease
On Monday, British stocks went up, following surveys showing a resurgence in favor of Great Britain staying in the EU ahead of Thursday’s vote.
The FTSE 100 surged 2.3%, trading at 6,157.60. Only stocks of gold producers Randgold Resources PLC as well as Fresnillo PLC traded lower, sinking 2.2% and 0.2%, respectively, because gold futures slumped.
The moves arose after surveys at the weekend disclosed the “Reamin” camp holding just a tiny lead before the upcoming referendum. A recent online survey conducted by SundayTimes showed that up to 44% of respondents are eager to keep the EU-UK relationship intact, compared to 43%, who’d like to break it up.
Another news agency YouGov informed that just one third of the responses to its Sunday Times survey came in before the breaking news of the murder of Jo Cox, British lawmaker, and an anti-Brexit campaigner.
Bank shares traded higher, with Royal Bank of Scotland PLC surging 8.5% as well as Lloyds Banking Group PLC climbing up 5.6%.