1) Stocks with strong (local) institutional/strategic investors who are unlikely to sell as they have mandate to invest in local equities. Quite the opposite, they may be adding positions during heightened selldowns to support the market and deliver returns to unit holders.

2) Beaten down stocks or stocks far from 52 week high. Not much explanation needed here, stocks which have been sold down recently even before Brexit are unlikely to witness continuous dumping as most fair-weathered investors/technical traders have disposed their shares.

3) High % of sales in Asia or US. High exposure to the US economy is still favored due to positive demographics (milennials have overtaken baby boomers), economic strength and currency factor. For Asia, look for those who export to Japan, India and Asean.

4) Dividend paying counters. Look for stocks that are unlikely to deteriorate much from Brexit/fallout in Europe who are generous in paying dividends. If earnings are able to sustain the negative pressures and yields become attractive, i.e. >5%, these stocks become very attractive. Money still has to be earned somewhere and FD just does not make the cut.