Market shows resilience in face of Britain's Brexit crisis

Despite Brexit being the talk of the sales ring at Arqana during the company's mixed Summer Sale last week, uncertainty caused by the decision of British voters to leave the European Union did not appear to tear a hole in trade.

Indeed, turnover at the two-day auction actually increased by 29 per cent year-on-year to €7,177,000 and the average climbed by 22 per cent to €31,401.

That resilience – buoyancy, even – was also in evidence at the preceding week's Tattersalls Ireland Derby Sale, held as Britain went to the polls amid jittery world markets.