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Article

9 Nov 2016

Author:
Financial Times

Trump victory: corporate winners and losers

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Companies doing business in Mexico, heavily exposed to global trade, or reliant upon US regulation were judged the big losers under a Donald Trump presidency by international stock market investors on Wednesday.

Markets’ reaction to Mr Trump’s election victory softened as the day unfolded, but shareholders immediately marked out those businesses potentially hit by his policies, as well as many clear winners, most notably in pharmaceuticals and biotech, oil and gas, and defence.

Shares in Vestas, the Danish wind turbine manufacturer, were among the biggest fallers as investors worried about the future of renewable energy.

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