FTSE 100 Tops 10,000 Level
2026-01-02 09:08
By
Agna Gabriel
1 min. read
The FTSE 100 surged around 1% on the first trading day of 2026, breaking above the symbolic 10,000-point level for the first time in its history.
The rally was led by defence stocks, reflecting continued investor appetite for the sector after a strong prior year.
Rolls-Royce jumped 3.4%, while BAE Systems and Babcock International gained 2.5% and 2.4%, respectively.
Mining and energy shares also outperformed as higher commodity prices boosted the sector.
Fresnillo rose 2.8%, Glencore added 2.2%, Anglo American climbed 2%, and Antofagasta advanced 1.8%.
Energy majors Shell and BP gained 1.4% and 1.7%.
The strong start to the year builds on an exceptional 2025 for the UK benchmark, which climbed 21.6%, marking its best annual performance since 2009.