28 July 2025, 10:41  United Kingdom: FTSE 100 Trades at Record High.

The FTSE 100 traded higher at a fresh record high of around 9,150 on Monday, boosted by a new trade pact between the EU and the US. The deal, finalized just days before higher US tariffs were set to kick in, imposes a 15% tariff on most EU exports, including cars, easing fears of a trade war. Announced by President Trump and EU Commission President von der Leyen in Scotland, full details remain undisclosed. Among top performers were Prudential (+1.5%), GlaxoSmithKline (+1.4%), BP (+1.2%), London Stock Exchange (+1%), and AstraZeneca (+0.8%). BT fell nearly 2%, while miners Glencore, Rio Tinto, and Anglo American slipped up to 1.4%. In corporate updates, Cranswick reported Q1 revenue growth, AB Foods plans to acquire Hovis, Computacenter sees improved profit, and Everyman Media reported higher sales and food revenue.

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