The pound is holding steady and the FTSE 100 is trading up, as the UK enters the final day of campaigning ahead of Thursday’s general election.
After a rocky start to the morning, pushed down by miners including Antofagasta and BHP Billiton, the FTSE 100 is currently up 0.28 percent (1115GMT) on strong performances form banking shares including Lloyds and RBS.
The pound is also holding steady this morning, trading 0.04 percent lower against the dollar at $1.29050.
Investors are remaining confident ahead of Britain going to the polls on Thursday, but a hard-fought election could create volatility for the markets on Friday.
Neil Wilson, analyst at ETX Capital, told the BBC that a hung parliament could be bad news for investors:
“If Theresa May increases her majority the pound ought to rise as part of a broader relief rally in UK assets,” he says.
“But if it’s a hung parliament, the pound is likely to plunge on increased political risk and a possible delay to Brexit negotiations.”
