Market Report - Close
Stocks finished on a mixed note, with the Footsie hampered by a batch of mixed economic data out in the States as well as from across the Channel, in the euro area, even as the pound put on another show of resilience alongside.
London stocks finished with solid gains and near their session highs on Wednesday despite the powerful drag from Sainsbury's after the competition watchdog cast doubt over its merger with Asda, with investors waiting on the release of the Federal Reserve meeting minutes after the close and possible developments from Theresa May's latest talks in Brussels.
London equities slipped, as investors digested what analysts termed "strong" jobs data but disappointing results from HSBC and the pound snapped higher on reports that the so-called 'Malthouse Compromise', requiring Westminster to renegotiate the Irish backstop or pursue a managed 'no deal' withdrawal from the European Union, was now dead.
London stocks ended slightly submerged on Monday after ending last week at a high water mark not seen in four months, with pressure coming from a rise in the pound, although the second-tier index put in a solid advance.
London stocks pushed higher on Friday, with sentiment boosted by stronger-than-expected domestic retail sales data and some positive around the ongoing US-China trade talks.
London's FTSE 100 had a shy glance at a four-month high on Valentine's Day Thursday but ended the day pretty much back where it started as encouraging results from the likes of Micro Focus and AstraZeneca were balanced by brooding heavyweight miners and oil producers.
London stocks ended Wednesday's session with solid gains, with sentiment underpinned by hopes of an extension to the Sino-US trade truce, as investors digested news that UK inflation fell to a two-year low last month.
London stocks recovered from a mid-session lurch on Tuesday as Theresa May's statement to parliament and a speech by Bank of England governor Mark Carney combined to undermine market sentiment that had been buoyed by positive signals from across the Atlantic.
London stocks finished the Monday session higher as downbeat UK growth figures knocked the pound off its perch.
London stocks dipped at the end of the week, unable to make any headway amid fresh concerns about trade relations between the US and China and extending the heavy losses sustained during the previous session.
London stocks stumbled on Thursday wore on as global growth worries hit markets, as the Bank of England and European Commission cut forecasts for growth this year and next.
London stocks pared early losses to finish little changed on Wednesday, as solid corporate news underpinned the housebuilding sector and ahead of the Monetary Policy Committee's quarterly Inflation Report and presser the following day.
Even a huge blaze at one FTSE 100 company was unable to dampen enthusiasm for London's blue chip benchmark on Tuesday as it finished at its highest level in 17 weeks.
London stocks edged higher on Monday even as the pound ticked lower in the wake of a disappointing reading on the construction sector, but helped along by a strong performance from oil giant Shell.
London stocks reclaimed the 7,000 point mark on Friday as the pound was knocked lower by a disappointing reading on the UK manufacturing sector, but also helped by the release of a very strong US non-farm payrolls report for the month of January.
London stocks were in a mixed state at the close on Thursday, as earlier sentiment - underpinned by a dovish statement from the Federal Reserve and solid results from the likes of Shell and Diageo - faded in the session’s final hours.
London stocks jumped on Wednesday, tracking big gains on Wall Street, even as the pound appeared to hold its own despite generally downbeat reactions from analysts to the prior evening's votes in Parliament on the Prime Minister's proposed 'Plan B' for Brexit.
Equity markets in London outperformed extended gains by midday on Tuesday amid gains for commodities stocks, while defensive stocks were on the rise as investors eyed the second parliamentary vote on Theresa May’s Brexit ‘Plan B’ and continued to keep an eye on US-China trade relations.
London stocks fell on Monday as investors grew jittery ahead of this week's Brexit vote in the House of Commons and before a raft of other key risk events around the globe, including the second round of US-China trade talks which were scheduled for Wednesday and Thursday.
London stocks dipped on Friday, despite strong gains for miners, as ongoing strength in sterling and worries about trade relations between the US and China capped gains.