{"id":138921,"title":"FTSE 100 Climbs as Unilever and GSK Rally After Strong Results","publisher":"Share Talk","author":"sharetalk","published":"2026-07-28T17:55:22+00:00","modified":"2026-07-28T17:55:22+00:00","canonical_url":"https://www.share-talk.com/ftse-100-climbs-as-unilever-and-gsk-rally-after-strong-results/","markdown_url":"https://www.share-talk.com/ftse-100-climbs-as-unilever-and-gsk-rally-after-strong-results.md","json_url":"https://www.share-talk.com/ftse-100-climbs-as-unilever-and-gsk-rally-after-strong-results.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["Asia","Bangkok","Denmark","Endeavour Mining","Fed","Federal Reserve","Finland","FRANCE","FTSE 100","GERMANY","Glencore","Greenland plan","Hong kong","Japan","London","Manila","mining stocks","Mumbai","Nasdaq Composite","NATO alliance","Netherlands","Nikkei 225","Norway","S&P 500","shanghai","Singapore","Sweden","Sydney","Taiwan","UK","United States","Wall Street","Wellington"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/LONDON-10_11_23.jpg?fit=1200%2C800&quality=89&ssl=1","format":"news","language":"en-GB","content":"London’s leading stock indices moved higher on Tuesday, with strong corporate earnings from **Unilever** and **GSK** helping offset weakness in banking and energy shares.\n\nThe **FTSE 100** rose **0.9%** to **10,878.85**, while the **FTSE 250** gained **0.5%**.\n\n**Unilever** was among the standout performers, surging nearly **9%** after reporting second-quarter turnover of **€13.05 billion**, ahead of analyst expectations of **€13.0 billion**. Underlying sales increased **5.8%**, and the consumer goods group reiterated its full-year guidance for underlying sales growth of **4% to 6%**.\n\n**GSK** also advanced, climbing **4.2%** after reporting second-quarter core earnings per share of **50p**, ahead of market forecasts. Revenue rose to **£8.41 billion** from **£7.99 billion** a year earlier, while the pharmaceutical giant reaffirmed its full-year guidance. GSK also announced plans to invest **£400 million** over three years in a new global research and development centre at the **Cambridge Biomedical Campus**, alongside upgrades to its existing laboratories in Ware.\n\nIn contrast, **Barclays** fell **6%** despite reporting stronger-than-expected second-quarter earnings and announcing a **£1 billion** share buyback programme. The lender posted total income of **£8.34 billion**, beating analyst forecasts, while earnings per share increased to **16.7p** from **11.7p** a year earlier. Investors also digested reports that Barclays is increasing the proportion of performance-related pay for senior bankers while reducing fixed salaries.\n\nElsewhere, **HSBC** slipped **0.4%** following reports that Chief People and Governance Officer **Aileen Taylor** will relocate from London to Hong Kong later this year as the bank continues to strengthen its presence in its largest market.\n\nOutside London, **Stellantis** gained **1.5%** in Paris after agreeing to sell its entire stake in **Free2move’s** car-sharing business to **Mutares**, while **BHP** remained in focus after wage negotiations with unions representing workers at its Port Hedland iron ore operations ended without agreement. Talks are due to resume next week."}