FTSE 100 gains slightly
On Wednesday, British shares went up because market participants kicked off the final day of trade before Great Britain holds its historic Brexit vote.
The FTSE 100 earned 0.1%, hitting 6,232.04, with revenues limited partly by losses among the defensive utilities group.
Markets keep fighting to keep their bullish momentum in the run-up to tomorrow’s vote, notwithstanding increased uncertainty as for its outcome.
The outcome of Thursday’s referendum on whether Great Britain should stay in the EU will be unveiled Friday morning, as the Electoral Commission states.
On Wednesday, stocks of banks as well as insurance companies traded higher, with Lloyds Banking Group PLC gaining 0.9% and RSA Insurance Group PLC earning 2.1%.
The financial services sector derived benefits from the newly introduced passporting rules, which allow companies to run business easily throughout the European Union, which boasts 28 members.
The sterling was worth $1.4686, in New York on Tuesday, it traded $1.4652.