After last year’s Brexit vote, KPMG created two indices to measure the impact of the vote on listed companies’ share price performance. The KPMG UK50 indices shows a stark divide between UK and foreign-focused stocks since the referendum vote, among the FTSE 350.
After last year’s Brexit vote, KPMG created two indices to measure the impact of the vote on listed companies’ share price performance.
The KPMG Non-UK50 is made up of the UK’s largest listed firms from the FTSE 350 that derive more than 70% of revenues from abroad.
The KPMG UK50 includes the largest listed firms from the FTSE 100 and FTSE 250, that derive more than 70% of their revenues from the UK.
Internationally focused FTSE 100 stocks have had a stellar year as the weaker pound inflates their dollar and euro-denominated earnings. Many more UK-focused stocks in the FTSE 250, in particular, have not.
For our full analysis on the indices, please download our FTSE fortunes: The Brexit report one year on report. (5 min read)
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