---
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"
date: 2026-07-28
canonical: "https://www.share-talk.com/ftse-100-climbs-as-unilever-and-gsk-rally-after-strong-results/"
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"]
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"
---

# FTSE 100 Climbs as Unilever and GSK Rally After Strong Results

**Published:** July 28, 2026
**Author:** sharetalk
**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)

---

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.

The **FTSE 100** rose **0.9%** to **10,878.85**, while the **FTSE 250** gained **0.5%**.

**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%**.

**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.

In 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.

Elsewhere, **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.

Outside 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.

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