STOXX Monthly Index News: Markets Recovered From Brexit Shock

One month after the surprising Brexit vote, stock markets recovered from first shock reactions. The STOXX Global 1800 Index gained 3.54% in July driven by automobiles & parts, basic resources and technology shares.

Despite the Brexit recovery, market development in the Eurozone over the past twelve months evolved rather slightly. Main factors for that development are weak economic growth and uncertain political and financial situations especially in Southern Europe. However, high volatility and doubtful prospects for the future, fueled by the Brexit vote, lead to increasingly stronger demand for tailored investment strategies. The STOXX ESG Impact Indices are innovative tools for investors who want to increase the exposure to sustainable KPIs and reduce risk and volatility at the same time.

Please find additional information within the Monthly Index News or download the STOXX research paper about the STOXX ESG Impact Indices.