{"id":123639,"title":"FTSE 100 share index has hit a new record closing high.","publisher":"Share Talk","author":"sharetalk","published":"2025-06-12T16:14:06+00:00","modified":"2025-06-12T16:14:06+00:00","canonical_url":"https://www.share-talk.com/ftse-100-share-index-has-hit-a-new-record-closing-high/","markdown_url":"https://www.share-talk.com/ftse-100-share-index-has-hit-a-new-record-closing-high.md","json_url":"https://www.share-talk.com/ftse-100-share-index-has-hit-a-new-record-closing-high.json","category":"B2B","categories":["B2B","Blogs","Technology","Technology, Media & Telecoms"],"tags":["Barratt Redrow","blue-chip","china","FTSE 100","FTSE 250","Geneva","Howard Lutnick","Index","Jamieson Greer","London","Marks & Spencer","President Trump","Rare Earths","Scott Bessent","Taylor Wimpey","trade agreement","Trade Talks","Treasury Secretary","UK","United States","US delegation","USA","Vice Premier He Lifeng"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/01/FTSE-100.jpg?fit=1200%2C800&ssl=1","format":"news","language":"en-GB","content":"**FTSE 100 hits new closing high despite weak UK growth data**\n\nToday’s record close brings the FTSE 100’s gains to nearly 9% for the year, putting it ahead of the US market’s performance.\n\nThe FTSE 100 closed at a new record high of 8,884 points on Thursday, surpassing its previous closing peak of 8,871 set on 3 March.\n\nThe rally came despite downbeat economic data showing the UK economy contracted in April, as higher taxes and tariffs weighed on growth.\n\nThis latest milestone caps a strong two-month recovery in the index, which had slumped below 7,600 on 9 April following a global sell-off triggered by Donald Trump’s announcement of new tariffs on US trading partners. Markets rebounded sharply after Trump paused the tariffs for 90 days, sparking a relief rally that has since driven UK share prices steadily higher.\n\n**FTSE 100 edges higher, led by Halma and Tesco, as it nears all-time intraday high**\n\nThe FTSE 100 rose by 20.5 points, or 0.23%, on Thursday, outperforming other major European indices, which slipped amid ongoing concerns over global trade tensions.\n\nAmong the top performers was Halma, the UK-based health and safety technology group, which climbed 2.8% to a record high after forecasting revenue growth ahead of City expectations for the year ahead.\n\nTesco also gained 1.8%, following a stronger-than-anticipated rise in underlying sales during the supermarket’s first quarter.\n\nThe FTSE 100 now stands just shy of its all-time intraday high of 8,908 points, set on 3 March."}