European markets rise after Macron wins large majority

      
Here are the official results from yesterday’s French parliamentary election, showing how Macron’s REM party, and his allies in the Modem party, won a substantial majority.

European markets boosted by Macron relief.

The French stock market has jumped by almost 1% at the start of trading, as Parisian traders applaud Macron’s win.
The CAC 40 index has gained 39 points, or 0.95%, to 4177, which is a two-week high.
Other markets are also showing healthy gains, on relief that France’s new president won’t face a deadlocked parliament (there had been worries that his new party wouldn’t be able to win a majority).
In London, the FTSE 100 has gained 52 points to 7515.