23 Oct 2025 | 3 Mins Read
FTSE 100 reaches new high on oil and earnings growth
Flipitmoney
The FTSE 100 index reached a record high of 9,579.07 points with a 0.7% gain, driven by oil majors Shell and BP, which rose around 3%, and positive results from LSEG and Rentokil. The oil price jumped 5% due to US sanctions on Russian suppliers, while the FTSE 100 is on track for its best weekly performance since mid-April.