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Sep 1, 2014
Aug 29, 2014
Aug 29, 2014

Scotland risk fails to derail shares as vote looms

LONDON, Aug 29 (Reuters) – With only weeks to go before
Scotland votes on independence, the stock market is shrugging
off the impact of a potential break-up of the United Kingdom as
investors adopt a wait-and-see attitude rather than seek
protection.

This is as much a reflection of the marginal exposure of UK
stocks to Scotland, with only 12 companies on the FTSE 350 index
based north of the border, as it is about investors’ belief that
Scots will prove the pollsters right and vote not to split.

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