Banking, airline and property shares plunge in London - News Summed Up

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Banking, airline and property shares plunge in London


Among London property shares, Taylor Wimpey fell 12.4%. Royal Bank of Scotland shares plunged more than 15%, Lloyds by 8.9% and Barclays by 10.2%. Shares in banks, airlines and property companies plunged on the London stock exchange Monday as investors singled out the three sectors as being the most vulnerable to Britain’s decision to leave the EU. EasyJet stock fell over 16% after the company issued a profit warning, while British Airways parent IAG’s shares were down 9.4% at around 0900 GMT. EasyJet stock fell over 16% after the company issued a profit warning, while British Airways parent IAG’s shares were down 9.4%Traders from ETX Capital work in central London on June 27, 2015.


Source: Mint June 27, 2016 09:33 UTC



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