European Stocks Rebound

The video discusses the performance of the Stock 600, highlighting the rise led by financial services, travel, leisure, and media sectors. It covers Marks and Spencer's significant drop in clothing sales and the market's reaction. The impact of Brexit on UK business confidence is analyzed, showing a sharp decline. The video also examines changes in FTSE 100 earnings estimates post-referendum, noting a positive outlook due to the fall in sterling. Finally, it identifies companies like Rolls Royce, Burberry, and Compass Group as beneficiaries of the sterling decline.

Which sectors led the rise in the Stock 600?

• Financial Services, Travel and Leisure, and Media

• Energy, Consumer Goods, and Industrials

• Technology, Healthcare, and Utilities

• Real Estate, Telecommunications, and Materials

What was the unexpected outcome for Marks and Spencer's shares despite a drop in sales?

• Shares rose by 1.4%

• Shares fell by 2%

• Shares remained unchanged

• Shares rose by 3%

How did the Brexit vote affect UK business confidence according to the Lloyds Bank business barometer?

• It remained stable

• It showed no significant change

• It dropped to a four and a half year low

• It increased to a five-year high

What was the percentage increase in earnings estimates for Footsie 100 companies after the Brexit vote?

• 1 to 2%

• 4 to 5%

• 6 to 7%

• 8 to 9%

Which company is NOT mentioned as benefiting from the decline in sterling?

• Apple Inc.

• Compass Group

• Burberry

• Rolls Royce Holdings