{"id":241,"date":"2025-07-15T08:47:49","date_gmt":"2025-07-15T08:47:49","guid":{"rendered":"https:\/\/www.worldpumpnews.com\/?p=241"},"modified":"2025-07-15T08:47:49","modified_gmt":"2025-07-15T08:47:49","slug":"ftse-100-hits-9000-points-for-first-time","status":"publish","type":"post","link":"https:\/\/www.worldpumpnews.com\/?p=241","title":{"rendered":"FTSE 100 hits 9,000 points for first time"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Unlock the Editor\u2019s Digest for free<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\"><span>Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=17c00905-6905-4f5f-ac6c-362c16ab8c36\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>The FTSE 100 has reached 9,000 points for the first time, as UK stocks benefit from global investors diversifying away from the US amid uncertainty over President Donald Trump\u2019s trade war.<\/p>\n<p>The UK blue-chip stock index has outperformed the S&amp;P 500 and the Stoxx Europe 600 indices so far this year, having climbed 10.3 per cent.<\/p>\n<p>UK stocks have benefited this year from greater investor interest in non-US assets, a trend prompted by concern about Trump\u2019s volatile policymaking. <\/p>\n<p>\u201cIt\u2019s a good place to hide,\u201d said Emmanuel Cau, head of European equity strategy at Barclays. <\/p>\n<p>The UK reached a partial trade agreement with the US in early May, which some analysts say has given the London market an advantage over its European peers. <\/p>\n<p>\u201cAs long as we have this tariff overhang, the FTSE 100 should be doing well\u2009.\u2009.\u2009. compared to indices on the continent being capped by tariff uncertainty and euro strength,\u201d Cau said. <\/p>\n<p>Low valuations of London-listed stocks have also attracted those looking for different places to invest this year.<\/p>\n<p>The FTSE 100 trades at a price-to-earnings ratio of about 17 times, compared with 27.3 for the S&amp;P 500, according to LSEG data. <\/p>\n<p>\u201cPeople are freaked out about Europe with the tariffs, so the UK is almost a \u2018safe haven\u2019 from a valuation perspective,\u201d said Neil Birrell, chief investment officer at UK investor Premier Miton, adding that the UK\u2019s trade agreement \u201cgives a degree of comfort to investors\u201d. <\/p>\n<figure class=\"n-content-image n-content-image--full\" data-component=\"image-set\"><picture><source media=\"(min-width: 700px)\" srcset=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3A840413c0-16e6-484a-819c-182cb9a65cbf?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=700&amp;dpr=1 1x,https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3A840413c0-16e6-484a-819c-182cb9a65cbf?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=700&amp;dpr=2 2x,https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3A840413c0-16e6-484a-819c-182cb9a65cbf?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=700&amp;dpr=3 3x,https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3A840413c0-16e6-484a-819c-182cb9a65cbf?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=700&amp;dpr=4 4x,https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3A840413c0-16e6-484a-819c-182cb9a65cbf?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=700&amp;dpr=5 5x\" width=\"3500\" height=\"2500\"\/><source media=\"(max-width: 490px)\" srcset=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3A55071075-6c12-4f61-b6f3-d72c32232860?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=490&amp;dpr=1 1x,https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3A55071075-6c12-4f61-b6f3-d72c32232860?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=490&amp;dpr=2 2x,https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/ftcms%3A55071075-6c12-4f61-b6f3-d72c32232860?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=490&amp;dpr=3 3x\" width=\"1500\" height=\"2000\"\/><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fd6c748xw2pzm8.cloudfront.net%2Fprod%2F32ffbe90-614e-11f0-a77a-3d33f56abd92-standard.png?source=next-article&amp;fit=scale-down&amp;quality=highest&amp;width=700&amp;dpr=1\" alt=\"Line chart of Indices rebased in \u00a3 terms showing UK stocks have outpaced their US and European peers so far this year\" data-image-type=\"graphic\" width=\"3500\" height=\"2500\" loading=\"lazy\"\/><\/picture><\/figure>\n<p>Cau said the FTSE 100 was \u201clargely benefiting from strength in a few big sectors\u201d, including mining, telecoms, financials and utilities. <\/p>\n<p>Defence stocks have been some of London\u2019s top performers so far this year. Shares in BAE Systems have risen about 65 per cent since the start of the year, while Rolls-Royce has climbed 75 per cent.<\/p>\n<p>Financial companies have also boosted the index after a strong start to the year. Shares in Lloyds Bank are up about 41 per cent and Prudential has increased about 47 per cent. <\/p>\n<p>However, investors said the UK government\u2019s tight fiscal position remains a barrier to further growth.<\/p>\n<p>\u201cI will struggle with the UK until we\u2019ve got some more certainty on the fiscal position,\u201d said Birrell. <\/p>\n<p>Barclays\u2019 Cau said \u201cif we see a proper bond market strop\u201d about the UK\u2019s fiscal position, then \u201cthere might be a \u2018sell UK\u2019 moment\u201d. <\/p>\n<\/div>\n<p>#FTSE #hits #points #time<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unlock the Editor\u2019s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The FTSE 100 has reached 9,000 points for the first time, as UK stocks benefit from global investors diversifying away from the US amid uncertainty over President Donald Trump\u2019s trade war. The UK blue-chip stock [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":242,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[379,380,381,382],"class_list":{"0":"post-241","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ftse","9":"tag-hits","10":"tag-points","11":"tag-time"},"_links":{"self":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=241"}],"version-history":[{"count":0,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/media\/242"}],"wp:attachment":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}