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Exactly six weeks ago, U.K. equity traders were waking up to the sight of the FTSE 250 Index plunging the most since 1987 .The country's shares climbed the most following a rate cut since 2001, and the FTSE 250 gauge of mid-sized firms more dependent on the domestic economy extended its advance into Friday to recover all of its losses since Brexit.Now even mid-cap firms, which sank 14 percent in the two days after the Brexit vote, have recovered.By comparison, the regional Euro Stoxx 50 Index has slumped 9 percent, while the FTSE 100 is up 8.8 percent.In dollar terms, the FTSE 100 is still down more than 5 percent since the referendum, while the FTSE 250 has lost 11 percent."This was the second step that investors needed to warm up to the U.K. stock market," said Tim Rees, director of U.K. equities at Insight Investment Management in London. His firm oversees about 400 billion pounds.
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