Brexit deal: which stocks can benefit

Brexit lettering on the Union Jack

A Brexit without a trade pact between the EU and Great Britain would not only have ended for many British companies.

(Photo: AFP)

Frankfurt It is done: shortly before the end of the deadline on December 31, the European Union and Great Britain reached an agreement after months of struggle in the talks on a common trade pact. The worst consequences of the divorce are averted with the deal.

The British Parliament is due to vote on the Brexit trade pact on December 30th. The historical compromise over the last few meters is not only good news for many companies and trade associations. The situation is also reorganizing for many investors who have avoided the British Isles in recent years.

Because a Brexit without a trade pact between the EU and Great Britain would not only have meant the end for many British companies. German companies would also have been affected. The EU has so far achieved an import surplus of almost 90 billion euros per year in trade with Great Britain.

Investors are therefore reacting to the Brexit deal with relief. The agreed free trade agreement will do justice to both sides, said Thomas Gitzel, chief economist of VP Bank. “It is crucial that the agreement leaves room for future governments to intensify the trade relationship.”

The agreement now lets investors look at some papers that would have been considered the losers of a hard Brexit. But which values ​​are likely to be among the possible beneficiaries of the agreement? The Handelsblatt presents five stocks that the agreement could give new impetus to the stock market:

Getlink

The Paris-listed company operates the Eurotunnel. In recent years it has denied that a “no deal” would have put the proceeds under massive pressure. But Getlink would not be able to deny that a farewell without an agreement would have permanently burdened trade flows between Great Britain and the EU. On average, goods worth 140 billion euros pass through the Eurotunnel annually, which corresponds to a quarter of the trade between Great Britain and continental Europe.

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