Market forcing its way up to a New High? Now just 253 points to go!

Mark Watson-Mitchell - 06.07.2026

There is a real strength beginning to show through in the UK Equity Market currently.

With the FTSE100 Index standing at 10,681.78, as I write, it is only a few 253 points away from scoring a New High.

A quieter Trump, an easier Hormuz, steeply falling oil prices ....... all are conditions that please the punters.

Could that breakthrough occur within the next few days?

It is more than possible!

The rumbling on of the Farage business will soon be overtaken by the burgeoning Burnham accession.

What I have to note is the fact that there are a growing number of companies reporting analyst estimate 'beats' - which is just what we need to see as a background for our equities markets.

A good run-up to the end of July, then the lull into the peak holiday period could ensue, leading to an expectation of a quieter August, before the end-Summer rally progresses towards the year-end.

So all is well with the market?

Hopefully so - unless the Donald throws another wobbly.

Is a New All-Time High getting closer?