Friday, November 16, 2018

Barron's: Two Ways to Play Theresa May’s Brexit Drama

By SIMON CONSTABLE

United Kingdom Prime Minister Theresa May’s travails in selling her Brexit deal with the European Union to her own Conservative government played out in the U.K. market. Stocks were hit hard, with the locally focused FTSE 250 index losing 1.6% and the pound retreating 1.7%. 

Among the harder hit stocks were big U.K. real estate investment trusts, British Land (ticker: BLND.UK) and Land Securities (LAND.UK), which fell 5.4% and 5%, respectively, on Thursday alone. Read more here.

Photo by John Cameron on Unsplash


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