The top stocks in the FTSE 100

The FTSE 100 celebrated its best year since the global financial crisis in 2025 and has hit new highs early this year. Which are the top stocks that drove last year's gains?

The City of London, home of the FTSE 100, skyline against a clear blue sky
(Image credit: Tim Grist Photography via Getty Images)

The FTSE 100, the UK’s flagship stock market index, has hit new highs during the opening days of 2026, continuing its momentum from a strong year in 2025.

The index’s constituents feature consistently among the top stocks for retail investors, with household names like Diageo (LON:DGE) and BP (LON:BP.) topping the list of stocks bought by investment platform Interactive Investor’s customers during December.

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FTSE 100 stocks are typically large, multinational companies. Its revenue is derived mostly from overseas, and as such its performance isn’t necessarily correlated with that of the UK economy.

The top-performing FTSE 100 stocks of 2025

2025 was the FTSE 100’s best year for price returns since the global financial crisis. But which were the top stocks that drove gains of over 21%?

Here are the top-performing FTSE 100 stocks of 2025:

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Company

Price gains during 2025

Fresnillo

453%

Airtel Africa

213%

Endeavour Mining

172%

Babcock International

148%

Antofagasta

106%

Rolls-Royce

102%

Standard Chartered

84%

Prudential

80%

Lloyds Banking Group

79%

Barclays

77%

Source: LSEG

Fresnillo (LON:FRES), the world’s largest silver miner, led the FTSE 100 as its share price increased more than fivefold during the year, benefitting from a 147% increase in the price of silver. Endeavour Mining (LON:EDV) and Antofagasta (LON:ANTO) also cashed in on an excellent year for precious metals.

Defence stocks like Rolls-Royce (LON:RR.) and Babcock International (LON:BAB) also made the top ten list, alongside resurgent financial stocks like Standard Chartered (LON:STAN), Prudential (LON:PRU) and Lloyds (LON:LLOY).

The top FTSE 100 stocks by market cap

In terms of market capitalisation (market cap), these are the biggest stocks in the FTSE 100 as of 15 January:

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Company

Market cap (£ billion)

Astrazeneca

222.5

HSBC

208.3

Shell

156.2

Rolls-Royce

107.1

Unilever

105.4

British American Tobacco

92.4

Rio Tinto

79.7

GSK

76.6

BP

69.9

Barclays

66.4

Source: London Stock Exchange

Pharmaceuticals giant Astrazeneca holds the top spot in the FTSE 100’s list of largest companies at present.

Should you invest in the FTSE 100?

While UK share price gains don’t always match the explosive rates of their American counterparts, FTSE 100 shares can be a good source of dividends and close the gap in terms of total returns.

“Fundamentally, the FTSE 100 can help provide ballast to an ISA or pension portfolio, particularly as the index has a rich source of dividends and a good mix of cyclical and defensive companies,” says Dan Coatsworth, investment analyst at AJ Bell.

“Holding UK equities alongside the US, emerging markets, Europe and others may be the best way to capture emerging winners, reduce your investment risk, and benefit from global megatrends,” says James McManus, chief investment officer at JP Morgan-owned digital wealth manager Nutmeg.

One easy way to invest in the FTSE 100 is buying a tracker fund such as the Vanguard FTSE 100 UCITS ETF (LON:VUKE).

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Dan McEvoy
Senior Writer

Dan is a financial journalist who, prior to joining MoneyWeek, spent five years writing for OPTO, an investment magazine focused on growth and technology stocks, ETFs and thematic investing.

Before becoming a writer, Dan spent six years working in talent acquisition in the tech sector, including for credit scoring start-up ClearScore where he first developed an interest in personal finance.

Dan studied Social Anthropology and Management at Sidney Sussex College and the Judge Business School, Cambridge University. Outside finance, he also enjoys travel writing, and has edited two published travel books.