FTSE Recovery Continues After EU Exit Vote

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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.

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