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

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.

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

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.

NOW WATCH: Here’s how Floyd Mayweather spends his millions

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.