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TORY GLORY: Markets are surging after David Cameron's shock victory

May 8, 2015, 12:43 IST

After David Cameron's unexpectedly large election victory on Thursday, markets are soaring higher. Though businesses have expressed concerns about the Conservative party's plans for a referendum on EU membership, on balance they seem to like the idea of a Tory majority government.

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Here's how the main index of UK stocks, the FTSE 100, looked at the open:

Investing.com, Business Insider

10 minutes after the start of trading, the FTSE was up by more than 2%.

We'll bring you a breakdown of what stocks are performing most impressively as the morning goes on.

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House building firm Persimmon is one of the major businesses leading the index, spiking up by more than 8% at the open:

Investing.com

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