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FTSE-100 surges as rally continues with index up 52.35 as Britons head to polls | Personal Finance | Finance

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The FTSE-100 index at 9:15am was up 52.35 at 8223.47.

The boost comes from gains in medical equipment company Smith & Nephew.

The highest gain was in medical equipment and services stocks which grew by 4.7 percent.

Shares in Smith & Nephew grew by 6.4 percent and became the top of the benchmark index.

Cevian Capital disclosed a stake of about 5 percent in the company.

Barclays stock saw a gain of 1.1 percent off the back of selling its German consumer finance business to BAWAG Group AG.

Another notable boost was a 1.9 percent rise in the automobile and parts sector.

An industry body said their was a slight increase in new cars being registered in June and the half-year “million motors” mark was crossed for the first time since 2019.

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