Pound sterling jumped and British shares climbed in London on Friday after Scotland rejected independence from the United Kingdom in a landmark referendum, dpa reported.
But sterling slipped to 1.163 dollars later in the afternoon as
investors began weighing the wider implications of the vote.
London's stock market FTSE-100 index was 0.7-per-cent higher at 6865
points in late afternoon trading, with the vote in Scotland also allaying investors' fears that a UK breakup could spur independence in other parts of Europe.
Shares in Madrid posted a hefty gain of 1.23 per cent in the morning
session as the Scottish vote appeared to reduce the risk of a push
for independence in Spain's Catalonia region.
But as the trading day drew to a close, stocks in Madrid were up just
0.3 per cent.
Bourses in other parts of the world also climbed, with the referendum
outcome removing the sense of uncertainty that has been hanging over
British financial markets.
Investors had experienced a roller-coaster ride of anxiety in recent
months when opinion polls showed the vote in Scotland as being too
close to call.
The question of which currency an independent Scotland would adopt
had played a central role in the referendum campaign.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor