The FTSE 100 index exceeded 10,000 points for the first time on the year’s opening trading day, marking a key milestone for investors as it was supported by Rolls Royce and other stocks rallying.
The benchmark rose strongly throughout 2025, finishing more than 21% higher than the previous year’s level of around 8,260.
It briefly reached an intraday record of 10,046 points before closing at 9,951.
London’s blue-chip index outperformed major US stock benchmarks despite concerns over high valuations abroad.
Shares in companies such as Currys and Next gained alongside metals miners, defense contractors, and financial services firms.
The FTSE 100 tracks the largest 100 companies on the London Stock Exchange, including multinational operations.
Approximately three-quarters of the revenue from these companies comes from overseas markets.
Rising gold and silver prices supported companies like Rio Tinto, while global defense spending benefitted contractors including Babcock and Rolls-Royce.
The early trading surge on the first day of the year saw the index rise over 1% within an hour, briefly surpassing the 10,000-point mark.
Susannah Streeter, an independent financial commentator, described the milestone as “psychologically important.”
“It shows London’s blue-chip index is back in favour with investors,” she said.
Dan Coatsworth, head of markets at AJ Bell, suggested the rise was a symbolic New Year boost for Chancellor Rachel Reeves, who has advocated for increased investment in UK shares.
“She has been banging the drum about the merits of investing over parking cash in the bank,” Coatsworth said.
The FTSE 100’s diverse mix of industries appeals to investors seeking stability amid uncertainty.
“Investors often seek solace in companies whose goods and services should be in demand no matter what’s happening in the world,” he noted.
This includes sectors like insurance, utilities, and consumer staples, all represented within the FTSE 100.
The milestone underlines the resilience of the UK market, demonstrating its potential for long-term growth despite global economic volatility.
The post FTSE 100 Surpasses 10,000 Points, Rolls Royce Share Price Jumps appeared first on Gooner Daily.
