reuters_tickers
By Amanda Cooper and Alun John
LONDON (Reuters) -British domestic-focussed mid-cap stocks were the biggest gainers on Friday after the centre-left Labour Party surged to a comprehensive win in a parliamentary election with blue chip stocks, government bond prices and the pound higher.
Hopes that the incoming government will provide a period of economic stability after an often tumultuous 14 years of Conservative Party rule sent the FTSE 250 midcap index up as much as 1.8% in early trading to its highest since April 2022.
The blue chip FTSE 100 index was last up 0.2% and the yield on 10-year British government bonds or gilts, dropped 3 basis points to 4.17%, marginally better than other European markets.
Bond…
