All the investment winners and losers from today's result

Transportation

RBC Capital Markets: “If the UK election result is perceived to reduce the probability of a hard Brexit, beneficiaries would include Wizz Air and Ryanair. Other beneficiaries from this include Eurotunnel, easyJet and IAG, however, weaker sterling is a headwind for these companies. Companies that see translation gains from weaker sterling include National Express and FirstGroup, from their US operations. Immediate nationalisation risk may be reduced for Royal Mail and the bus and rail companies if a Conservative-led government is formed, but the election result is not likely to be seen as decisive in this regard.”