Home Brexit Brexit weighs on FTSE 250

Brexit weighs on FTSE 250

by LLB Editor
17th Oct 19 9:11 am

DUP’s rejection of Boris Johnson’s Brexit plan ‘as it stands’ served to trigger a new sell-off in the pound and in turn dragged down the UK-focused FTSE 250 index.

“The market is being particularly sensitive about all things Brexit-related as the deadline draws ever nearer.

“While the FTSE 250 was down on Thursday, the index could well change direction on the slightest bit of news on Johnson’s negotiations. For now, investors simply don’t know how to play Brexit with their portfolios,” says Russ Mould, investment director at AJ Bell.

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