UPDATE 2-UK Stocks-Factors to watch on June 24

viernes 24 de junio de 2016 02:59 GYT
 

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June 24 (Reuters) - Britain's FTSE 100 index is seen opening down between 6 percent to 7.5 percent, according to financial bookmakers, with futures down 9.1 percent ahead of the cash market open, on the day of a crucial vote by the British public on the UK's membership in the European Union.

* The UK blue chip index closed 1.2 percent higher at 6,338.10 points on Thursday, a two-month high, after opinion polls showed support for the "Remain" camp rising.

* BREXIT: World financial markets dived as nearly complete results from the British referendum on EU membership showed a 51.7/48.3 percent split for leaving.

* British interest rate futures rallied on Friday after the country voted to leave the European Union, suggesting financial markets are pricing in a high likelihood of an interest rate cut by the Bank of England by the end of the year.

* The Bank of England said it would take all necessary steps to secure monetary and financial stability after sterling fell 10 percent and raised the prospect of a shock to the economy.

* S&P 500 and Nasdaq E-mini futures plummeted as much as 5 percent early on Friday, triggering overnight circuit breakers as global markets reeled from Britain's vote to quit the European Union.

* Ratings agency Standard and Poor's said Britain's top-notch "AAA" credit rating is no longer tenable after voters opted to leave the European Union, the Financial Times reported on Friday.   Continuación...