British blue-chip shares eked out small gains as industrials were comforted by Prime Minister Theresa May's presentation to parliament of her European Union divorce deal Plan B, even as a stronger pound weighed on the index.
British blue-chip stocks rebounded sharply on Friday to bag four weeks of gains despite a tumultuous week in UK politics, helped by improving global sentiment prompted partly by signs of easing trade tensions between the United States and China.
Britain's FTSE 100 rose on Tuesday on hopes Beijing will take steps to stabilise a slowing economy, while mid-caps edged up in choppy trade as investors remained cautious ahead of a crunch vote on British Prime Minister Theresa May's Brexit plan.
Provident Financial Plc expects 2018 earnings to be at the lower end of market expectations, sending shares in the sub-prime lender 20 percent lower on Tuesday.
British blue-chip shares fell on Monday, suffering their worst day in over two weeks, as disappointing exports data from China rekindled fears of slowing growth in the world's second-largest economy, and investors braced for a crucial vote on the country's divorce from the European Union.
British blue-chip shares retreated on Friday, singed by a sterling rally on a newspaper report of cabinet ministers saying that Britain would have to delay its European Union exit. | Video
British shares turned around on Thursday to end the session at their highest in over a month as investors shrugged off a lack of detail from Sino-U.S. trade talks and weak news from the high street that renewed worries about the retail sector.
U.K. shares jumped to their highest in more than a month on Wednesday, joining a broad global rally on hopes of an end to the U.S.-Sino trade row and as a positive update from Taylor Wimpey gave a much-needed boost to house-builders.
British shares jumped to their highest in almost a month on Tuesday amid hopes of a U.S.-China trade deal and as supermarket chain Tesco led a revival in retailers after upbeat sales data that helped offset Morrisons' disappointing holiday update.
The FTSE 100 fell on Monday as pessimism over the global economy and Brexit concerns arrested a rally prompted by U.S.-Sino trade talks, while mid-caps advanced in part thanks to an upbeat trading update from retailer Dunelm.