Lloyds is a UK-focused bank which makes nearly all its profits in the UK. Therefore it is in the bucket of shares not particularly attractive to worldwide investors, and if there is a recession after no deal, it is the most exposed to customers defaulting on their loans.

But its shares have been weak for a long time. It was 72p a share just before the referendum, and is 52p now. It’s arguable that the damage from Brexit is already in the price, although it can always sink lower. It has returned to paying dividends, so the yield on the shares is actually quite attractive. If you have no urgent financial need to sell, it may be worth holding for the long term, but expect bumps along the way.

Source: The Guardian.

Investing in Stocks and Shares @chriswnaylor

Disclaimer: The opinions posted on stocksandshares.app are based on my own experiences of investing in the London Stock Exchange. They are not to be taken as financial advice or recommendations. Please remember that when investing the value of your investements may go up and down, and your capital is at risk.