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Market summary

Jun 24 - Markets closed

World markets

Shanghai 2,854.29 -37.67 (-1.30%)
S&P 500 2,037.41 -75.91 (-3.59%)
Nikkei 225 14,952.02 -1,286.33 (-7.92%)
Hang Seng Index 20,259.13 -609.21 (-2.92%)
TSEC 8,476.99 -199.69 (-2.30%)
EURO STOXX 50 2,776.09 -261.77 (-8.62%)
CAC 40 4,106.73 -359.17 (-8.04%)
S&P TSX 13,891.88 -239.57 (-1.70%)
S&P/ASX 200 5,113.20 -167.50 (-3.17%)
BSE Sensex 26,397.71 -604.51 (-2.24%)
TA25 1,432.64 -0.94 (-0.07%)
SMI 7,747.18 -275.87 (-3.44%)
ATX 2,084.22 -157.89 (-7.04%)
IBOVESPA 50,105.26 -1,454.55 (-2.82%)
SET 1,413.19 -23.21 (-1.62%)
BIST100 75,366.00 -2,623.87 (-3.36%)
IBEX 7,787.70 -1,097.60 (-12.35%)
WIG 44,773.75 -2,053.10 (-4.38%)
TASI 6,550.97 +18.55 (0.28%)
MERVAL 13,577.40 -271.36 (-1.96%)
IPC 44,885.82 -1,260.10 (-2.73%)
IDX Composite 4,834.57 -39.74 (-0.82%)

Currencies

GBP/USD 1.3684 0.0000 (0.00%)
GBP/EUR 1.2308 0.0000 (0.00%)
GBP/JPY 139.9257 -0.0001 (0.00%)
GBP/HKD 10.6204 0.0000 (0.00%)
GBP/CNY 8.9474 0.0000 (0.00%)
GBP/AUD 1.8303 0.0000 (0.00%)
What are credit rating agencies?
Credit rating agencies, in essence, rate a country on the strength of its economy. More specifically, they score governments (or large companies) on how likely they are to pay back their debt.
What does a credit rating downgrade mean for UK finances?  
UK's credit outlook downgraded to 'negative' from 'stable'  
Market Chart
6,138.69 -199.41 (-3.15%)
16,088.05 -1,245.46 (-7.19%)
3,348.58 -133.16 (-3.82%)
3,750.40 -79.70 (-2.08%)

Top stories

Fearful of landing in immediate negative equity, some buyers have decided to put their purchases on ice. Photograph: Yui Mok/PA. Hilary Osborne, Patrick Collinson and Miles Brignall.
WASHINGTON, June 24 (Reuters) - A more flexible yuan currency is important for China's development and reforms and monetary policy will be adjusted "in a dynamic way" to meet those goals, People's Bank of China (PBOC) Governor Zhou Xiaochuan said.
17.01: The FTSE 100 closed down 3 per cent or 199.41 points at 6138.69 after a tumultuous day on markets following the UK vote to leave the EU.
British holiday-makers abroad say they have been told they cannot exchange their money because of market chaos following the Brexit decision.
UPDATE: ASOS have responded after fans of the brand expressed concern on social media that the online store's website and app had been taken offline due to the plummeting value of the British pound after the UK voted to leave the European Union ...

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