FTSE 100 Trades at Record High

2026-02-12 08:42 By Agna Gabriel 1 min. read

The FTSE 100 traded at a fresh record on Thursday as gains in banks and financial stocks offset weaker economic data and property losses.

UK GDP rose just 0.1% in the fourth quarter, below expectations, but investors focused on strong corporate news and takeover activity.

Schroders surged as much as 31% after agreeing to a £9.9 billion takeover by Nuveen, highlighting continued overseas interest in undervalued London listed firms and lifting the broader financial sector, with St James’s Place also rebounding.

RELX added support after earnings, helping push the index higher.

However, the FTSE 100 underperformed some European peers as property stocks including British Land, Land Securities, Segro and LondonMetric declined following weakness in US real estate shares.

Unilever also weighed on the index, falling up to 3% after issuing conservative sales growth guidance at the lower end of its long term target range, limiting broader gains.



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