London’s FTSE 100 Hits Record Highs in Strong Monthly Rally

With an intraday record reached for the third consecutive session, the FTSE 100 is on track for its most significant monthly growth since February. Investors have brushed aside ongoing Middle East volatility and a dense week of central bank policy shifts, pushing the blue-chip index to 10,947.73 points.

Editorial·July 31, 2026·reads: 180

London’s FTSE 100 Hits Record Highs in Strong Monthly Rally

The index climbed 0.5% by 1003 GMT on Friday, supported by a wave of robust corporate earnings that eclipsed broader geopolitical anxieties. This momentum marks the sharpest weekly gain for the index in over two months, signaling a resilient appetite for UK equities despite the tightening monetary environment.

Simultaneously, the midcap FTSE 250 mirrored this upward trajectory, rising 0.4% during the morning session. The sustained performance suggests that earnings quality remains the primary driver for traders, effectively decoupling London markets from the persistent uncertainty surrounding regional conflicts and global interest rate trajectories.