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U.K. shares, sterling jump following exit polls

May 08, 2015 2:13 AM ETEWU, FXB, GBB-OLD, EWUS, FKU, DXPS, DBUK, QGBRBy: Yoel Minkoff, SA News Editor1 Comment
  • David Cameron is on course to return to Downing Street with exit polls displaying a strong Conservative victory, but it was the Scottish National Party that made headlines - claiming most of the seats in Scotland.
  • U.K shares and currency markets reacted swiftly to the preliminary results, with sterling up 1.5% at $1.5467 and the FTSE 100 up 1.7%.
  • A Conservative win would likely also see the U.K. heading to the polls again in 2017, voting on whether or not to remain part of the EU.
  • ETFs: FXB, GBB, EWU, EWUS, DXPS, FKU, QGBR, DBUK

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