By
with contributions from Fiona Ma
 on July 23, 2019

LONDON — Boris Johnson has become Britain’s new prime minister in a widely expected move that sent the FTSE 100 up 0.6 percent to 7,560.23 and left the pound broadly stable against major currencies at $1.25, and 1.11 euros.

Johnson, the favorite to win, beat his opponent Jeremy Hunt with 66.3 percent of the vote. Conservative party members came out in force with 87.4 percent of the electorate, or nearly 160,000, casting their ballots.

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