UK shares and the pound have jumped after the Conservatives won a parliamentary majority in the election.
The FTSE 100 rose 116.69 points, or 1.7%, to 7,003.64, with shares in banks and energy companies seeing big gains.
On the currency markets, the pound was up nearly two cents against the US dollar at $1.5438.
The Conservatives have unexpectedly managed to secure a slender majority, to the relief of investors who had expected a long period of uncertainty.
via BBC
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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