FTSE 100 index hits 10,000 milestone in new yr rally | EUROtoday

The FTSE 100 index has climbed above 10,000 factors for the primary time, passing a big inventory market milestone, on the primary buying and selling day of the yr.

Shares included within the index carried out strongly in 2025, leaving the benchmark greater than 21% greater than a yr in the past, when it stood at simply over 8,260.

Rising share costs are excellent news for buyers, together with anybody with a pension or different financial savings which might be invested within the inventory market.

But the London index is dominated by massive worldwide firms, so isn’t a direct reflection of the UK economic system’s efficiency.

The FTSE 100 tracks the efficiency of the the 100 largest firms on the London Stock Exchange. That contains mining corporations Antofagasta, Rio Tinto and Peers Endeavour which have been boosted by surging metals costs.

Defence corporations additionally carried out strongly, with Bae Systems, Babcock and Rolls-Royce all noticed their worth enhance, as did massive banks, together with Lloyds, Barclays, Standard Chartered and HSBC.

Dan Coatsworth, head of markets at AJ Bell, stated: “This is a historic moment and already makes 2026 one of the most significant years for the blue-chip index since its launch in 1984.”

He stated crossing the ten,000-point threshold was “the best New Year’s present Chancellor Rachel Reeves could want”.

“The FTSE 100’s achievements just go to show what’s possible when buying UK shares.

“It additionally proves to cynics that the UK market isn’t caught within the mud, and that the US inventory market isn’t the one place to make cash.