MARKET REPORT - CLOSE
London stocks edged a little lower on Friday as investors paused for breath following a record closing high a day earlier and with reports of a possible fraud investigation into Glencore dampening investor sentiment heading into the weekend.
London stocks closed at a record high on Thursday as a stronger oil price and stronger dollar combined with some well received results from Experian and National Grid.
Stocks edged higher in London on Wednesday as investors weighed up solid updates from the likes of Burberry and Micro Focus and deal news for Paddy Power against geopolitical concerns.
London's FTSE 100 was an island of green on Tuesday, ticking higher as sterling failed to be listed by a solid round of UK jobs data, while stocks around the world were under pressure amid rising Treasury yields.
London stocks drifted a little lower on Monday as the pound rallied against the greenback on Brexit speculation, although serviced office provider IWG stormed ahead on the prospect of a bidding war.
London stocks made a late surge on Friday as the pound could not regained ground and Wall Street looked to finish the week on the front foot.
London stocks finished higher on Thursday as the Bank of England's wait-and-see attitude put pressure on the pound, while updates from Next, RBS and ITV were well received.
London's top-flight index pushed closer to its record highs after US President Donald Trump's decided to pull out of the Iran nuclear deal, which served to propel crude oil futures to their loftiest level since 2014.
London stocks gave up their early gains on Tuesday as bullishness over deal news was dampened as caution over the Iran nuclear deal hit oil prices, with a splash of Italian election concerns to add to the mix.
London stocks were cooking on gas on Friday, fired up by several upbeat corporate updates, as investors evaluated the latest US non-farm payrolls report and news out of US-China trade talks ahead of a long sunny weekend.
London stock finished Thursday where they started the week as some disappointing trading updates and a bumper crop of companies going ex-dividend took points off the main indices, while sterling could not hold onto its earlier gains from a rather weak recovery in the key services sector.
Continuing weakness in the pound ahead of the US central bank's policy announcement later in the day boosted London's top flight index on Wednesday.
London stocks just held onto gains on Tuesday as weak manufacturing data sent the pound sinking to its lowest level since early January.
London stocks ended just in the black on Monday, off earlier highs as the pound reversed its earlier drop against the euro and clawed back some ground versus the greenback, with deal news underpinning sentiment after Sainsbury's announced plans to merge with Walmart's UK unit, Asda.
London stocks finished the session and the week higher as the pound fell below $1. 38 for the first time since the start of March on the back of weak UK growth figures.
London stocks shook off a sluggish start on Thursday to recover most of the previous day's losses as utilities rose as bond yields retreated and Wall Street rallied.
London stocks fell further into the red on Wednesday, taking their cue from a sell-off on Wall Street amid rising government bond yields in the States, despite higher takeover offers boosting Sky and Shire.
London-listed stocks held onto gains on Tuesday, overcoming pressures from a rebound in the pound and rising bond yields as government borrowing figures, commodity prices and deal news provided support.
London stocks finished higher as the pound fell to its worst level in five weeks against the dollar, as an easing in geopolitical and trade tensions and optimism around the outlook for corporate earnings in the States and in euroland buoyed stockmarkets around the world.
London stocks held onto gains made early on Friday, as investors mulled dovish comments from Bank of England Governor Mark Carney from the night before against a more hawkish tone from fellow rate-setter Michael Saunders, amid weakness in Sterling.