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FTSE futures rise as sterling slumps on UK election upset - For more see the European equities LiveMarkets blog
June 9, 2017 / 6:46 AM / 3 months ago

FTSE futures rise as sterling slumps on UK election upset - For more see the European equities LiveMarkets blog

LONDON, June 9 (Reuters) - Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets

Summary:

** FTSE 100 futures up 0.8 pct, European futures little changed

** Sterling slumps over 2 pct, a boost to exporter-heavy FTSE 100

** UK stock winners and losers to be driven by currency

** Election result set to hit British banks - Bernstein

** UK utilities could see support as severe regulation less likely

** UBS Wealth Management sees another election “sooner rather than later” (Reporting by Helen Reid)

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