Investing.com - Financial Markets Worldwide
Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

Amid Brexit deal hopes, UK Plc outshines FTSE 100

Published 10/11/2019, 05:42 PM
Updated 10/11/2019, 05:50 PM
Amid Brexit deal hopes, UK Plc outshines FTSE 100
UK100
-

LONDON, Oct 11 (Reuters) - Hopes that Britain will seal a
Brexit deal pushed London-listed companies with exposure to the
domestic economy to a premium over London's blue-chip index for
the first time since May, in a major reversal of fortunes for
the much-shunned market.
JP Morgan's UK domestic plays index that tracks about 30 UK
stocks that make all or most of their revenue at home
.JPDEUKDM was up as much as 5% at 0939 GMT, set for its best
day since the basket was created nearly three years ago.
The index was outperforming the FTSE 100 .FTSE by 2.1%,
rising to a premium over the blue-chip index for the first time
since May.
A JP Morgan index that follows UK-listed companies making
their money abroad .JPDEUKEX was down 0.7% and lagging the
domestic index.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.