Britain's FTSE 100 seen boosted by weaker sterling after UK Brexit vote

30 Jan, 2019

The exporter-focused FTSE 100, which makes 70 percent of its income abroad, is seen up 35 points at 6,869, according to financial spreadbetter IG.

The index is often boosted by a weaker domestic currency because its multinational companies earn a big portion of their revenue abroad in foreign currency.

The CAC 40 and Germany's DAX 30 are see lower.

Copyright Reuters, 2019

Read Comments