Stock Markets January 30, 2026

U.K. Equities Close Higher as Banking, Healthcare and Beverage Stocks Lead Gains

United Kingdom 100 ends up 0.60% as Lloyds hits multi-year highs while select miners and Africa-focused stocks lag

By Leila Farooq SN
U.K. Equities Close Higher as Banking, Healthcare and Beverage Stocks Lead Gains
SN

U.K. stocks closed higher on Friday, with the Investing.com United Kingdom 100 rising 0.60%. Gains were concentrated in Healthcare Equipment & Services, Banking and Beverage sectors, while several mining and Africa-focused names led declines. Market breadth was modestly positive with slightly more advancers than decliners.

Key Points

  • Investing.com United Kingdom 100 climbed 0.60% at the close - positive breadth with 933 advancers, 844 decliners and 530 unchanged.
  • Lloyds Banking Group led gains, rising 3.32% to 108.95 and reaching five-year highs; Smith & Nephew and Experian also posted strong advances.
  • Airtel Africa, Fresnillo and Antofagasta were the weakest large-cap performers, with Airtel Africa falling 6.61%.

U.K. stocks finished the session higher on Friday, propelled by strength in banking, healthcare equipment and beverage names. The Investing.com United Kingdom 100 index closed up 0.60% as a number of large-cap constituents posted notable moves.

Lloyds Banking Group PLC (LON:LLOY) was the standout, climbing 3.32% or 3.50 points to end the day at 108.95. The bank's shares reached five-year highs in the session. Other prominent risers included Smith & Nephew PLC (LON:SN), which added 2.35% or 28.50 points to finish at 1,242.00, and Experian PLC (LON:EXPN), which gained 2.34% or 63.00 points to close at 2,758.00.

On the downside, Airtel Africa Plc (LON:AAF) led losses after falling 6.61% or 22.60 points to 319.20 at the close. Fresnillo PLC (LON:FRES) dropped 5.08% or 198.00 points to finish at 3,702.00 and Antofagasta PLC (LON:ANTO) declined 3.65% or 138.00 points to 3,648.00.

Market breadth on the London Stock Exchange was tilted slightly toward advancers, with 933 stocks rising, 844 declining and 530 unchanged at the close.


Commodities and currencies showed mixed moves alongside equities. Gold futures for April delivery fell 7.24% or 387.70 to $4,967.10 per troy ounce. In energy markets, crude oil for March delivery rose 0.50% or 0.33 to $65.75 a barrel, while the April Brent contract increased 0.43% or 0.30 to trade at $69.89 a barrel.

In foreign exchange, the pound slipped against the dollar with GBP/USD down 0.65% to 1.37. EUR/GBP was effectively unchanged, moving 0.10% to 0.87. The US Dollar Index Futures rose 0.64% to 96.75.


Summary of notable moves:

  • Lloyds Banking Group PLC (LON:LLOY) - up 3.32% to 108.95, reaching five-year highs.
  • Smith & Nephew PLC (LON:SN) - up 2.35% to 1,242.00.
  • Experian PLC (LON:EXPN) - up 2.34% to 2,758.00.
  • Airtel Africa Plc (LON:AAF) - down 6.61% to 319.20.
  • Fresnillo PLC (LON:FRES) - down 5.08% to 3,702.00.
  • Antofagasta PLC (LON:ANTO) - down 3.65% to 3,648.00.

The session reflected sector concentration in gains and losses, with financials and healthcare-related equipment names supporting the headline index while select miners and Africa-focused stocks underperformed. Overall, the market closed with more winners than losers, and key commodity and currency markets moved in mixed directions.

Risks

  • Commodity price volatility - large moves in gold and oil could affect mining and resource-linked stocks and related sectors.
  • Currency movements - a weaker pound versus the dollar may influence exporters, importers and multi-currency revenue exposure for UK-listed companies.
  • Concentration risk - gains were driven by select sectors (banking, healthcare equipment and beverages) while metals and Africa-focused equities lagged, exposing sector-specific downside.

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