US exchanges fell by 3-4% after Brexit


First after the announcement in the UK of the outcome of the referendum on the country’s withdrawal from the EU (Brexit) stock trading opened the fall of quotations. At a minimum a sign the S&P500 index, the calculation of which takes into account stock prices of 500 of the most expensive public companies in the U.S., dropped to the level of 2038,6 points, which is more than 3.5% below the closing level Thursday. So low, the S&P500 did not fall from mid-may 2016.

The Dow Jones Industrial Average (DJI) based on quoted prices of the 30 largest U.S. companies, in the course of trading fell by about 3% to 17 472 points. At the same time, the composite index of the NASDAQ, which traded more than five thousand companies fell by almost 4%, down to the level of 4715,79 points. This is the lowest figure since may 19, 2016.

The most noticeable fall in the share price of companies such as Goldman Sachs (at a minimum their cost has declined by about 7%), JPMorgan (-6,5%), American Express (-5%), Visa (-4,7%) and Boeing (-4,71%).

Stock trading in Europe on Friday also opened with decrease in quotations, however, European stocks fall was deeper than in the United States. For example, the Spanish IBEX35 fell more than 11%, French CAC40 — by almost 10%, German DAX — more than on 7%.

The main index of the London stock exchange FTSE 100 fell by 8.66%, while British banks have lost at opening third of the cost. Shares in Barclays fell by 30%, Royal Bank of Scotland — 35%, Lloyd’s Bank — 30% at opening.

Trading on the Moscow stock exchange opened today with a fall of the major indexes. At the peak of the fall of the rouble MICEX lost to 3.77%, the “dollar” RTS of 5.7 percent.