FTSE 10,00002 Jan 2026 15:01
The British benchmark index set a new all-time intraday record as trading resumed after the new year holiday, rising more than 1% within the first hour to reach 10,046 points - up 115 from its previous level, before falling back below the threshold. Shortly after midday on Friday, it had dropped to 9,981.21 points.
Susannah Streeter, an independent financial commentator, said the 10,000-point marker was "a psychologically important milestone" and showed London's blue-chip index was "back in favour" with investors.
"Concerns continue to swirl about the super-high valuation of US tech sector," she said, making the UK market more appealing.
Dan Coatsworth, head of markets at investment platform AJ Bell, said crossing the 10,000-point was a New Year's gift for the chancellor, Rachel Reeves, who has been calling for more investment in the UK share market to boost economic growth.