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Sterling flounders but UK stock market soars

Upcoming polls cause pound to fall 1 cent to US$1.277 but FTSE 100 trades up

Published Wed, May 31, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    London

    STERLING is suffering from poll jitters, but the stock market is ignoring political uncertainty and has surged to new heights.

    The pound fell one cent to a five week low of US$1.277, or 2 per cent below its April high after the pollster YouGov predicted the possibility of a hung Parliament.

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