Private investors react bullishly to election result
Private investors who traded on expectations of a “Boris bounce” were rewarded on Friday morning when shares in domestic-facing UK companies surged following the decisive Conservative election victory. The FTSE 100 rallied by 2 per cent on Friday morning, led by domestic stocks. The FTSE 250 index rose by more than 4 per cent and the FTSE 350 by over 2 per cent.