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0.0835654596100279 0.0835654596100279 0.0839633903700757 0.0807799442896936 0.0807799442896936 0.0859530441703144 0.0859530441703144 0.0851571826502189
Stock impact report

Britain's FTSE 100 up nearly 1 per cent with Labour poised to win election [Globe and Mail, The (Toronto, Canada)]

Smith & Nephew SNATS, Inc. (SNN) 
Last smith & nephew snats, inc. earnings: 8/1 04:05 pm Check Earnings Report
US:NYSE Investor Relations: smithoptics.com
equipment company Smith & Nephew, while parliamentary polls in the country were underway with the Labour Party looking set to win. The blue-chip FTSE 100 was up 0.9% and saw its best day in nearly two months. The mid-cap FTSE 250 edged 0.4% higher at 20,610.34. Both indexes logged gains for the second consecutive day. Polling for the parliamentary elections in the U.K. started at 0600 GMT and will continue throughout the day with an exit poll scheduled for 2100 GMT. Opinion polls showed the Labour Party winning, replacing the Conservatives after 14 years. Investors believe the market has already priced in the change. “Clearly a lot of optimism is driven by a dose of relief. The market's long expected a strong Labour victory and if and when we see that – it will be one less thing for the market to worry about,” Ben Laidler, head of equity strategy at Bradesco BBI. “They (investors) are hopeful that they (Labour) come in with a pro growth, productivity led agenda and can mak Show less Read more
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