Stock market delivers a 'New Year's treat' in a boost for Reeves - London Business News | Londonlovesbusiness.com
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Stock market delivers a 'New Year's treat' in a boost for Reeves - London Business News | Londonlovesbusiness.com
"It's time to break out the champagne as UK stock markets have delivered a New Year's treat."
"It also proves to cynics that the UK market is not stuck in the mud, and that the US stock market is not the only place to make money."
"Miners have once again done a lot of the heavy lifting, with Fresnillo leading the way, and Airtel Africa also enjoyed a last-minute surge. Both stocks have experienced a stratospheric rise in 2025 and considering both the ongoing demand for gold and silver and an increasing need for connectivity in emerging markets, investors will be hoping for more fair weather in 2026."
FTSE 100 reached an all-time high, rising 0.8% to 10,018.5 in the first hour of trading and topping 10,000 for the first time. The milestone positions 2026 as one of the most significant years for the blue-chip index since its 1984 launch. Market commentary framed the achievement as a strong New Year signal and linked it to encouragement to invest rather than hold cash. Miners, led by Fresnillo, and Airtel Africa powered late gains after strong 2025 performance, supported by demand for precious metals and rising connectivity needs in emerging markets. The FTSE 100's global composition helped it outperform the domestically focused FTSE 250, which also experienced a year-end Santa rally.
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