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London Markets: U.K. stocks rise for 2nd day as election poll weighs on pound

U.K. blue-chip shares advanced on Monday, getting a boost from a weaker pound after an election poll showed support for Theresa May’s Conservative Party weakening ahead of the June 8 election.

The FTSE 100 index GBPUSD, -0.1918% picked up 0.3% to end at 7,496.34, rising for a second straight session.

“The general election is starting to look like it could spark some serious volatility as we head into June. For the first time a Tory landslide is not a given and there is reason to think that this alone could introduce a new bout of risk-off sentiment,” said Neil Wilson, senior market analyst at ETX Capital, in a note.

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