European stocks mostly higher after UK election results

  • UK FTSE is closing up 1.0% at 7523 as the stocks cheer a lower GBP (and ignores election uncertainty). The high reached 7545.12 while the low traded to 7449.73
  • German Dax ended up +0.7%
  • France's Cac was up 0.6%
  • Spain's Ibex fell 0.3%
  • Portugal's PS120 was up 1.12%
  • Italy's FTSE Mib up 0.38%

In the 10 year debt market today:

  • Germany 0.263%, unchanged
  • France 0.647%, unchanged
  • Italy 2.097% down 8 bp
  • Portugal 3.026%, unchanged
  • UK 1.006%, -2.7 bp
  • Spain 1.441%, -3.5 bp