Investors Seek Out Banking Stocks Post Brexit Volatility

Financial stocks rebounded after Brexit, but these stocks might struggle going forward, Morningstar analysts warned

Karen Kwok 8 September, 2016 | 2:04PM
Facebook Twitter LinkedIn

Financial stocks have regained much of their post-Brexit losses, and as the share prices climbed, so too has investors’ interest in the sector piqued. In fact, according to data, banking and financial services stocks were the most popular among readers in August.

Lloyds Bank was the most clicked on stock on last month, followed by Legal & General and HSBC. Also in the top 10 were Aviva, Barclays and Standard Life.

Financial Stocks Rebound Post Brexit Vote

Financial stocks tumbled on the result day of European Union referendum, however they have no recovered to levels similar to those at the beginning of the year.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Aviva PLC401.80 GBX-0.42Rating
Barclays PLC178.20 GBX-1.80Rating
BlackRock Inc838.99 USD1.88Rating
HSBC Holdings PLC443.75 GBX-0.03Rating
JPMorgan Chase & Co160.50 USD0.63
Legal & General Group PLC278.00 GBX-1.31
Lloyds Banking Group PLC47.01 GBX-0.60Rating
Standard Life Aberdeen PLC263.00 GBX-0.64

About Author

Karen Kwok

Karen Kwok  is a Reporter for

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement