News Formal

History shows how a UK election can impact the country's stock market

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The MSCI UK index has been up by circa 6% six months after Labour victories and down circa 5% following Conservative wins, according to Citi.

The U.K. is heading for a General Election on July 4, and history may indicate a neutral to positive stock market reaction if the Labour Party ousts the Conservatives, analysts said.

A Labour victory would oust the right-wing Conservative Party led by Prime Minister Rishi Sunak, who announced the July 4 vote last week. Even if Labour does not achieve a parliamentary majority, it could seek a coalition partner with a smaller party to form a government unless the Conservatives deliver a surprise outperformance.

According to Capital Economics, the U.K. stock market has faltered on five occasions under past Labour governments.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 545. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

MicroStrategy, Indian companies among additions to MSCI indexesMicroStrategy, Indian companies among additions to MSCI indexes
Källa: Investingcom - 🏆 450. / 53 Läs mer »