As most companies continue to soar, the FTSE 100 Index continues its bullish run. It is now slowly approaching PS10 500, an important landmark. The FTSE 100 Index has been on a tear for the past two weeks, and now sits at an all-time high. The stock has increased by nearly 40% since its low in April 2025.
The top FTSE 100 Index stocks have soared in this year
This year the FTSE 100 Index is on a steady upward trend, aided by strong performances from mining companies as well as other sectors.
Beazley’s stock has risen by more than 46% in this past year. It is now the top-performing firm on the FTSE 100 Index. The recent purchase by Zurich, the top Swiss insurer giant, is responsible for this increase.
The index’s best performers this year include mining companies such as Glencoe and Rio Tinto.
The ongoing supercycle in commodities has driven top assets such as copper, gold and silver, to new highs.
Glencore shares and Rio Tinto’s have increased even though the companies have ended their merger due to disagreements over price and management.
The Coca-Cola stock price has risen by 20 percent this year. This continues a trend that began years ago. This week, the company released strong financial results as its demand skyrocketed.
Other top gainers on the FTSE 100 Index include companies such as Marks and Spencer (GSK), National Grid, Vodafone and Centrica.
The FTSE 100 Index is dominated by companies that are lagging behind because they fear the disruption of major industries due to artificial intelligence. RELX is a provider of information-based analytical tools and decision support for professionals and business people. Its share price has fallen by 33 percent this year.
Concerns that AI-based tools could disrupt the software and information industry have caused the London Stock Exchange, Experian and Sage Group to drop by more than 18%. As we noted in this article on St. James Place there are still signs that the fear may be overblown. Elliot Management’s strong holding in LSEG is a result of this.
Entain (the parent company of Bwin Ladbrokes and Coral) has seen its share price plummet by more than 22% in this year. This is similar to the performances of companies like DraftKings and Flutter, which are also concerned about the disruption caused by prediction markets.
The FTSE 100 Index is doing well due to the relatively high corporate earnings. Lloyds, Barclays and AstraZeneca were among the companies with strong earnings.
Footsie 100 Index Technical Analysis
On the weekly chart, the FTSE 100 Index is hovering around its highest point in recent months. The FTSE 100 Index has been above the moving averages, and also the trend line that links the lowest swings from June of last year.
Since May of last year, the index is above the Supertrend Indicator. The Percentage Price Oscillator has also remained over the zero line.
The Relative Strength Index has also continued to rise, and the Supertrend indicator is still in the green.
Source: TradingView
The index is therefore likely to continue climbing as the bulls aim for the next important target level of PS12,000 If it crosses the PS10 500 key resistance level, this view will become more pronounced.
The post FTSE 100 Index Nears PS10 500 Thanks to These Blue-Chip Shares may be updated as new information unfolds.