See what effect Brexit has had on the stock market. Every month, KPMG’s bespoke FTSE indices measure investors’ real appetite for UK stocks in the wake of the Brexit vote.
The KPMG Non-UK50 is made up of the UK’s largest listed firms that derive more than 70% of revenues from abroad.
The KPMG UK50 includes the largest listed firms from the FTSE 100 and 250 that derive more than 70% of their revenues from the UK.
Commenting on the data, Yael Selfin, Chief Economist KPMG in the UK, said:
"Investors remained downbeat on the prospects for the UK economy in August as the fortunes of non-UK focussed companies continued to outperform those that depend on the domestic UK market.
"A slowing economy and uncertainty around Brexit may have encouraged investors to look for opportunities elsewhere."