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FTSE 100 hits new high as Shell, Glencore, and Reckitt boost market amid strong earnings reports.

Company Fundamentals
29 Jul 2026
Proactive Investors - Finance
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Bullish
pluang ai news

The FTSE 100 reached a new intraday high, driven by strong performances from Shell, Glencore, and Reckitt Benckiser following their half-year results. Standard Chartered impressed with a $1 billion buyback and a 66% dividend increase, while Glencore reported near top-end profits of $3.3 billion in commodities trading. Despite renewed Gulf tensions and rising oil prices, the market showed resilience ahead of the US Federal Reserve's interest rate decision. Investors are also watching upcoming earnings from major tech companies and economic data releases globally.

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