UK Stock Markets post BREXIT - NOT amateur radio

Both the FTSE 100 and FTSE 250 UK share indexes are currently at record high levels. I am sure the weaker pound helps exports, but these levels are high. Of course, being shares, they could tumble tomorrow! At the moment, the stock markets are not phased by BREXIT.

UPDATE 1216z: FTSE 100 at 7110.43 (up 1.82%). FTSE 250 at 7110.43 (up 2.2%).

FTSE 250 - NOT amateur radio

Many think the FTSE 250 share index is a good guide to the health of the UK economy. Well, it is up again to 18,016.59, which is a gain of 0.19% today thus far. I am not a gambler, but it has certainly not collapsed since the BREXIT vote to leave the EU in June.

Our future is not certain, but I have the feeling the UK will be OK. As for the EU I am less sure. By the way, I voted "remain"! No, in the medium term I think the outlook for the EU is far from certain. It would not surprise me if it all fell apart within 5 years.

FTSE 250 - NOT amateur radio

I found this graph on the Internet. Not sure of the source and it will be removed if a problem. 

 

They say the FTSE 250 share index is a better indicator of the state of UK companies than the FTSE 100. Since BREXIT this has hardly changed at 17018.56 the last time I looked a few moments ago. Maybe the UK economy will be OK after all.

See http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/summary/summary-indices.html?index=MCX .