Stock Markets February 26, 2026

U.K. Equities Close Higher as Major Sectors Lift Market to Record

Software, support services and travel stocks drive the Investing.com United Kingdom 100 to a new high, while select pharmaceuticals and miners lag

By Priya Menon
U.K. Equities Close Higher as Major Sectors Lift Market to Record

London stocks finished the session higher, with the Investing.com United Kingdom 100 rising 0.46% to reach a fresh all-time high. Gains were led by Software & Computer Services, Support Services and Travel & Leisure names, while pharmaceuticals and several miners weighed on the downside. Commodity and currency markets showed mixed moves alongside a modest lift in the dollar index.

Key Points

  • Investing.com United Kingdom 100 climbed 0.46% to an all-time high, led by gains in Software & Computer Services, Support Services and Travel & Leisure sectors.
  • Top individual winners included Howden Joinery, London Stock Exchange Group and Relx, while Hikma Pharmaceuticals, Fresnillo and Antofagasta were the biggest decliners.
  • Commodities and FX were mixed: gold fell, oil rose, GBP weakened versus the dollar, and the US Dollar Index Futures ticked higher.

U.K. equities ended Thursday's trading session in positive territory, with sector strength in Software & Computer Services, Support Services and Travel & Leisure pushing the Investing.com United Kingdom 100 higher.

At the close in London the Investing.com United Kingdom 100 rose 0.46% to register a new record high.

The session's top performers on the index included Howden Joinery Group Plc (LON:HWDN), which advanced 10.75% or 92.00 points to finish at 948.00. London Stock Exchange Group PLC (LON:LSEG) gained 9.06% or 706.00 points to close at 8,500.00, and Relx PLC (LON:REL) added 4.55% or 110.00 points to end at 2,525.00 in late trade.

On the other side of the market, Hikma Pharmaceuticals PLC (LON:HIK) led declines, slipping 16.89% or 279.00 points to close at 1,373.00. Fresnillo PLC (LON:FRES) dropped 5.13% or 222.00 points to 4,104.00, and Antofagasta PLC (LON:ANTO) fell 4.38% or 195.00 points to 4,260.00.

Market breadth favored advancers: 1,027 stocks rose on the London Stock Exchange, 742 declined, and 542 finished unchanged.

Notable price extremes were recorded during the session. Shares of Howden Joinery reached 52-week highs after rising 10.75% to 948.00. Conversely, Hikma Pharmaceuticals moved to 52-week lows, trading down 16.89% to 1,373.00.

Commodities markets were mixed. Gold futures for April delivery decreased 0.37% or 19.46 to $5,206.74 a troy ounce. In crude oil trading, April WTI rose 1.57% or 1.03 to $66.45 a barrel, and the May Brent contract increased 1.85% or 1.31 to $72.00 a barrel.

Currency moves included a 0.44% decline in GBP/USD to 1.35, while EUR/GBP was unchanged at 0.87 reflecting a 0.30% move noted in the session. The US Dollar Index Futures was up 0.15% at 97.77.


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Risks

  • Significant single-stock moves introduce volatility risk for equity holders, illustrated by Hikma Pharmaceuticals’ 16.89% decline - this affects the healthcare and pharmaceutical sector.
  • Commodity price swings - with gold down and oil up - create uncertainty for sectors sensitive to raw-material and energy costs, such as mining and industrials.
  • Currency fluctuations, including a 0.44% drop in GBP/USD and a firmer US dollar index, can impact exporters and companies with dollar-denominated costs or revenues.

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