FTSE 100 today: Index closes below 10,000, pound rises; UK factory PMI up

 As trading resumed in the new year, Britain’s FTSE 100 briefly climbed above the 10,000 mark for the first time on Friday, rising in tandem with broader gains across Europe after the holiday lull.

However, the blue-chip index FTSE 100 closed below the key level despite rising 0.2% on the day. The British GBP/USD gained 0.1% against the dollar, trading around 1.3475.

Meanwhile, the DAX index in Germany rose 0.1%, the CAC 40 in France gained 0.6%.

  A great start: FTSE 100 tops 10,000 for first time Britain’s FTSE 100 index surpassed 10,000 points for the first time on Friday, as trading resumed after the New Year’s Day holiday.

Despite failing to close above the level, the blue-chip index had earlier climbed 1.1% to reach 10,039.05 points at 04:12 ET (09:12 GMT). The milestone follows a year in which the index gained over 1,750 points during 2025, ending the year at 9,931.38 points and delivering an annual gain of 21.51%, its strongest yearly performance since 2009.

  UK manufacturing PMI rises to 50.6 in Dec The UK manufacturing sector showed further signs of recovery in December as the S&P Global UK Manufacturing Purchasing Managers’ Index rose to 50.6 from 50.2 in November, marking a 15-month high.

The PMI has now posted above the neutral 50.0 mark for two consecutive months, indicating expansion in the manufacturing sector. The December reading was below the earlier flash estimate of 51.2.

UK house prices fall unexpectedly in December, annual growth slows

British house prices unexpectedly fell by 0.4% in December, ending 2025 with just 0.6% annual growth, the weakest yearly increase since April 2024, according to data released Friday by mortgage lender Nationwide Building Society.

The December decline contrasted with economist expectations of a 0.1% monthly rise, which would have resulted in a 1.2% year-over-year increase compared to December 2024.

The housing market showed a significant slowdown from November, when prices had risen 0.3% month-on-month and were 1.8% higher than the same period a year earlier.

Revolution Wind to file preliminary injunction against lease suspension

Revolution Wind LLC, a joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, filed a supplemental complaint on Thursday challenging a lease suspension order issued by the Bureau of Ocean Energy Management (BOEM).

The company plans to follow this with a motion for a preliminary injunction against the December 22, 2025 order from the U.S. Department of the Interior’s BOEM.

Revolution Wind, which is 50% owned by Ørsted, stated that while it seeks to work with the Administration toward a resolution, it believes the lease suspension order violates applicable law and causes substantial harm to the project.

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