London stock markets tops 10,000 points for first time


London's benchmark FTSE 100 stock index topped the 10,000 mark for the first time on January 2, 2026, extending the record gain seen last year. The image is used for representational purposes only.

London’s benchmark FTSE 100 stock index topped the 10,000 mark for the first time on January 2, 2026, extending the record gain seen last year. The image is used for representational purposes only. , Photo courtesy: Reuters

London’s benchmark FTSE 100 stock index rose above 10,000 points for the first time on Friday (January 2, 2026), extending the record gain seen last year.

In early deals on the first trading day of 2026 – the top-tier index of capital markets that includes energy group BP, telecoms firm Vodafone and banking giant HSBC – rose 1.0% to an all-time high of 10,033.75 points.

The index was up more than 21% in 2025, the biggest gain for 16 years, helped largely by a decline in global inflation as the US Federal Reserve cut borrowing costs, as well as British interest rates.

Helping the FTSE 100 to its new record on Friday (January 2, 2026) was another solid rise in the share price of gold mining company Fresnillo, whose stock has surged 436% in the past year as the price of the precious metal hit multiple record highs.

Stock markets around the world hit all-time highs last year, leading to double-digit gains in 2025.


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