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Britain leaves European Union World share market crashes

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NewstrackBy Newstrack

Published on 24 Jun 2016 7:28 AM GMT

Britain leaves European Union World share market crashes
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New Delhi: The much-awaited result of the referendum on whether or not to league the European union was announced on Friday as many as 52 per cent voters favoured exit from the union. The referendum was held on Thursday.

  • The result led to crash in world share market.
  • The pound suffered the biggest one-day loss in history.

In a historic referendum in the United Kingdom, as many as about 52 per cent people voted in favour of withdrawal of the country from the 28-member European Union. The pro-exit decision has led to fall in the value of pond and created panic in the world share market.

During the counting the two groups, the one supporting “ leave” and the other “remain appeared to be fighting neck and neck. The final tally shows more than three per cent gap between the two.

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