The UK’s flagship inventory index has damaged the symbolic 10,000 factors mark for the primary time.
The brand new excessive was reached inside a half hour of the primary day of buying and selling within the new 12 months.
The Monetary Occasions Inventory Trade (FTSE) 100 contains the hundred Most worthy corporations listed on the London Inventory Trade.
Notable constituents embody lenders reminiscent of Barclays, Natwest, HSBC and Lloyds and grocery store chains Tesco, Marks & Spencer and Sainsbury’s. The index can be largely made up of mining and worldwide oil and fuel corporations.
“This can be a historic second and already makes 2026 some of the important years for the blue-chip index since its launch in 1984,” mentioned Dan Coatsworth, the pinnacle of markets at funding platform AJ Bell.
Boosting the highest flight on Friday morning had been share value rises from aerospace firm Rolls-Royce Holdings and mining firm Fresnillo, the corporate which noticed the only largest rise final 12 months.
A run of record-breaking
It comes off a record-breaking 12 months for the FTSE 100, by which it closed at an all-time excessive 41 instances, in response to knowledge from the London Inventory Trade Group (LSEG).
In 2025, it had its greatest 12 months since 2009, outperforming rivals, together with the S&P 500, the US index containing essentially the most worthwhile corporations on the planet.
Earlier than smashing the ten,000 mark, the earlier symbolic stage of 9,000 was additionally reached in July.
Expectations of cheaper borrowing from rate of interest cuts and a weaker pound at instances helped FTSE 100 firm competitiveness because it made shopping for sterling-priced shares higher worth.
Why?
Coverage bulletins by the Chancellor Rachel Reeves have been credited with a part of the brand new 12 months rise.
“Breaking by way of the ten,000 stage is the very best New Yr’s current Chancellor Rachel Reeves might need,” Mr Coatsworth mentioned.
“She has been banging the drum concerning the deserves of investing over parking money within the financial institution, and the FTSE 100’s achievements simply go to point out what’s attainable when shopping for UK shares.”
The change to money ISAs introduced within the price range, whereby savers can solely put as much as £12,000 tax-free a 12 months, is meant to get individuals to place their cash within the inventory market.
New measures imply banks and constructing societies may even be empowered to provide prospects monetary recommendation.
