FTSE 100 flat after three-day slump
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The FTSE 100 index of leading shares hardly changed as investors traded cautiously following a three-day slump in global equities.
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London equities  were flat on Thursday ahead of the Bank of England's rate call, but retail stocks were cheered by news of a strong Christmas at J Sainsbury.
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London equities failed to sustain a brief afternoon rebound on Wednesday, and after spending a short period back over the 6,000 mark, the FTSE 100 fell back beneath it.
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Treasury debt prices recouped early  losses to turn flat on Wednesday as bullish momentum fought  profit-taking after three straight sessions of gains.
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LONDON : European shares slipped back in light trading with the London Stock Exchange closed for a bank holiday and New York investors expected to take it easy while the Republican convention is in town.
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London equities were flat at midday, as investors wait for US employment data due to be released at 1.30 London time.
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The FTSE 100 remained on positive ground, but amid volatility as Wall Street see-sawed around the gain line, on mixed sentiment about the latest economic data, while oil prices remained under scrutiny on reports that OPEC has agreed to cut oil production, dealers said.
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European equity markets traded cautiously yesterday, slipping after a session of mixed earnings news. The FTSE Eurofirst 300 fell 7.6 points, or 0.5 per cent, to 1,514.65.
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European equity markets were flat on Thursday as investors mulled a flood of earnings reports, while profits were taken after the previous session's fresh run up to six-year highs.
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The FTSE 100 lost ground Wednesday as investors positioned themselves ahead of interest-rate decisions by the Bank of England and the European Central Bank.
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London equities held up on Wednesday despite the FTSE 100 losing 29 points as a host of leading financial stocks traded without rights to the latest dividend payments.
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Business & money: FTSE 100 leaps 3% after rumours of plan to save credit insurers cheered US and Asian markets
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London equities stayed in neutral gear on Friday, after news of stronger-than-expected third quarter GDP growth dashed hopes of an interest rate cut in November.
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London's shares endured a highly volatile morning session on Tuesday that saw the FTSE 100 nearly fall 200 points at the open before briefly trading higher.
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The FTSE 100 gave up some of the previous day's gains as dealers looked ahead to the US interest rate decision later on Wednesday.
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Leading UK shares closed mixed, following three days of decline, and were well off highs, after a rally on Wall Street faded.
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Crude oil was little changed in London after a three-day slump fueled by the biggest rise in US fuel inventories in four months. Oil prices in London had fallen about $5 a barrel since