Stock Markets February 2, 2026

U.K. Stocks Close Higher as United Kingdom 100 Hits Record High

Travel & Leisure, Pharmaceuticals & Biotech and Industrial Transportation lead gains in London session

By Ajmal Hussain JD IHG
U.K. Stocks Close Higher as United Kingdom 100 Hits Record High
JD IHG

U.K. equities finished higher on Monday, with the Investing.com United Kingdom 100 index rising 1.12% to a fresh all-time high. Strength in travel and leisure names, pharmaceuticals and industrial transportation stocks supported the advance. Market breadth was positive, while commodities and energy prices moved lower and the dollar firmed.

Key Points

  • The Investing.com United Kingdom 100 rose 1.12% to a new all-time high, supported by gains in Travel & Leisure, Pharmaceuticals & Biotech and Industrial Transportation sectors.
  • Top individual gainers included JD Sports Fashion PLC (LON:JD) up 6.11% to 86.78, InterContinental Hotels Group PLC (LON:IHG) up 4.15% to 140.40, and International Consolidated Airlines Group S.A. (LON:ICAG) up 3.59% to 433.20.
  • Commodity and energy markets weakened as Gold Futures, March crude and April Brent all moved lower; currency moves were limited while the US Dollar Index Futures strengthened.

London's equity market ended the trading day in positive territory on Monday, driven by gains in the Travel & Leisure, Pharmaceuticals & Biotech and Industrial Transportation sectors. The Investing.com United Kingdom 100 closed up 1.12% and recorded a new all-time high.


Market movers

Among the top performers, JD Sports Fashion PLC (LON:JD) led the session with a 6.11% increase, finishing at 86.78 after gaining 5.00 points. InterContinental Hotels Group PLC (LON:IHG) added 4.15%, rising 5.60 points to close at 140.40. International Consolidated Airlines Group S.A. (LON:ICAG) was also among the winners, up 3.59% or 15.00 points to finish at 433.20.

On the downside, BAE Systems PLC (LON:BAES) posted the largest decline among the major movers, slipping 2.63% or 52.00 points to end the day at 1,922.00. Auto Trader Group Plc (LON:AUTOA) dipped 1.15%, down 6.20 points to 531.80, and Fresnillo PLC (LON:FRES) lost 0.92% or 34.00 points to close at 3,668.00.


Market breadth and notable data

On the London Stock Exchange, advancing stocks outnumbered decliners by 1,113 to 719, while 480 issues finished unchanged. Auto Trader Group Plc (LON:AUTOA) notably reached a three-year low during the session, falling 1.15% or 6.20 to 531.80.


Commodities and currencies

In commodities trading, Gold Futures for April delivery declined 0.22%, slipping 10.55 to trade at $4,734.55 a troy ounce. Crude oil for March delivery fell 5.15%, a decrease of 3.36 to $61.85 a barrel, while the April Brent contract dropped 4.75% or 3.29 to settle at $66.03 a barrel.

Foreign exchange moves were modest: GBP/USD was unchanged at 0.20% to 1.37, and EUR/GBP was unchanged at 0.12% to 0.86. The US Dollar Index Futures finished higher, up 0.52% at 97.36.


Takeaway

The session delivered broad-based gains for U.K. stocks, with travel-related and consumer-facing names among the strongest contributors to the advance. At the same time, energy and precious metals prices declined, and the dollar showed strength in futures trade.

Risks

  • Declines in energy and precious metals prices could weigh on related sectors such as mining and energy companies - sectors impacted include commodities and energy.
  • Notable individual stock weakness, including BAE Systems PLC (LON:BAES) and Auto Trader Group Plc (LON:AUTOA), introduces company-specific downside risk for investors in those names - sectors impacted include defense and online automotive marketplaces.
  • A stronger US dollar, as indicated by US Dollar Index Futures rising 0.52%, may create headwinds for exporters and foreign-currency earners - sectors impacted include international exporters and multinational companies.

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