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Stock impact report

European shares near record high after Johnson's UK landslide [Reuters (UK)]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
Company Research Source: Reuters
European shares near record high after Johnson's UK landslide - Reuters 3 Min Read (Reuters) - A surge for London-listed companies brought European stock markets within striking distance of an all-time high on Friday, as investors cheered the likelihood of an orderly Brexit after a landslide election victory for Prime Minister Boris Johnson. The UK-focused FTSE mid-cap index .FTMC jumped 5% to a record high, pushing the broader pan-European STOXX 600 up 1.6% and putting it on course for its best day in two months. The blue-chip FTSE 100 .FTSE also advanced 1.7%, as solid gains in banks and utilities helped the export-heavy index shrug off the impact of a surge in sterling, which typically weakens sentiment towards component companies. Dublin's ISEQ .ISEQ , also considered a barometer of Brexit sentiment, jumped to a 12-year high. Markets believe a Conservative Party win would enable Johnson to deliver Brexit within weeks, easing fears that the United Kingdom could crash out and ending Show less Read more
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