Global equity markets fell by nearly 5% overall on June 24, 2016 following news of the Brexit referendum result. Although nearly all EU stock market indices experienced additional significantly negative abnormal returns, especially poor performance was registered by the debt-ridden PIIGS group...

Global equity markets experienced a significantly negative return of over 4.7 percent on June 24, 2016 in response to news of Britain's decision (BREXIT) to leave the European Union. Stock market indices for members of the European Union were hard hit with nearly all experiencing significantly...