Barclays, RBS suspended from trading amid volatility in the markets
RBS is down 14.6 per cent to 175.55 pence ($2.4). Barclays is down 10 per cent to 137.55 pence.
By : DC Correspondent
Update: 2016-06-27 12:10 GMT
Trading in shares of two big British banks has been temporarily suspended amid volatility in the markets following the country's decision to leave the European Union.
The London Stock Exchange says trading the Royal Bank of Scotland and Barclays was suspended when they briefly moved out of the trading range of 8 per cent - an automatic action. RBS is down 14.6 per cent to 175.55 pence ($2.4). Barclays is down 10 per cent to 137.55 pence.
Trading resumed after five minutes.
Other British stocks are also experiencing sharp volatility in the aftermath of the vote. They include airline EasyJet, home builder Taylor Wimpey and insurer Legal & General.