European shares rallied on Tuesday as trade war fears cooled, but the boost was not enough to keep London’s top-flight out of the red.
The pound shrugged off further Brexit developments to notch up a rise on Monday.
The FTSE 100 ended in positive territory on Friday as traders sounded a note of cautious optimism following weeks of fretting over global trade.
The pound climbed against the dollar on Thursday after a surprise fall in US inflation trumped a cautious outlook from the Bank of England.
London’s blue-chip index climbed back above the 7,300 mark on Wednesday as rising oil prices helped to push up commodity stocks.
Sterling jumped to a six-week high on Monday after Michel Barnier signalled that a Brexit deal is within sight.
The FTSE 100 was knocked on Wednesday following a surge in the pound sparked by reports of a pending Brexit deal.
Property website Rightmove looks on course to be booted out of London’s blue chip share index this week after suffering from a stalling housing market and increased competition.
Sterling received a much needed boost on Wednesday following comments from Michel Barnier suggesting that the European Union is ready to offer the UK a bespoke Brexit deal.
Aston Martin has confirmed it is exploring plans to float on the London Stock Exchange.