Five charts that explain the impact of Brexit
While the impact was felt all across the globe, the impact was the worst in the UK as the pound was down over 7% to the dollar in one day.
As soon as UK votes for Brexit, markets around the world plummeted in a reaction to the news. In India the Sensex was nearly down 1,000 points. The European markets fared far worse as fell over 8%.
While the impact was felt all across the globe, the impact was the worst in the UK as the pound was down over 7% to the dollar in one day.
Here are five charts that will give you a glimpse into the damage done by Brexit:
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1. British Pound takes a plunge: The pound decreased 0.0659 or 4.53% to 1.39 on Friday June 24 from 1.46 in the previous trading session. The GBP-USD lost 0.1833 or 11.66% during the last 12 months from 1.57 in June of 2015.
Source: TradingView
2. Bloodbath on UK stock exchange: UK FTSE 100 Index decreased 319.5 points or 5.04% to 6018.50 on Friday from 6338 in the previous trading session.
Source: TradingView
3. Sensex falls by over 3%: SENSEX Index decreased 986 points or 3.65% to 26016 on Friday June 24 from 27002 in the previous trading session.
Source: Google Finance
4. Japan's markets plummet: Japan NIKKEI 225 Index decreased 1286 points or 7.92% to 14952 on Friday June 24 from 16238 in the previous trading session.
source: tradingeconomics.com
5. Shanghi Composite Market: Shanghai Composite Index decreased 37.7 points or 1.30% to 2854.30 on Friday June 24 from 2892 in the previous trading session.
Source: Google Finance
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