FTSE Recovery Continues After EU Exit Vote


Stock markets and the pound have continued their uneasy recovery following the hammering of values in the wake of the UK’s EU referendum.The FTSE 100 was 2% up in morning trade on Wednesday – following on from a near-160 point or 2.6% rise on Tuesday, with markets worldwide also surging higher in a post-Brexit bounce back.
The mid-cap FTSE 250 was up a further 1% while the pound also clawed back some more ground on the US dollar – trading at $1.34 having fallen to fresh 31-year lows earlier in the week.
It was also higher against the euro at €1.21.