British stock market rebounds over decisive Conservative victory

The British stock market rebounds, reversing initial losses as traders welcome a decisive election win for Conservative Prime Minister Boris Johnson.

At 0810 GMT, London’s FTSE 100 shares index jumped 0.96 percent to 7,343.40 points, reversing an opening loss of 0.6 percent.

Eurozone equities also soared on reports China and the US had reached a trade agreement.

— AFP

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