Investors paused today, sending the FTSE 100 down by 2.20 points to 5,950.60 by the close, despite pushing the index to near 5,980 in morning trading.
This puts the biggest listed companies just shy of the key 6,000 points level last seen in the hey-day of the dot.com boom.
The broader FTSE All Share hit another 52-week high of 3,032.12 after adding another 1.74 points today.
However, the All Share still remains some 230 points below its last peak in September 2000.
The techMARK index closed up 7.01 points at 1,490.59, but remains well off its March 2000 peak of 5,743 – and does not look likely to regain those levels anytime soon.
Partygaming led the FTSE losers, shedding 2.25p to 127.5p.
WPP dropped 11p to 683.5p, while International Power shed 4p to 274p.
HBOS led the banks down with a 12.5p drop to 1,000.5p.
Royal & Sun Alliance did the same for the insurance sector, falling 1.5p to 134.5p. Cairn Energy led the gainers after announcing IPO plans for its Indian business.
The former oil minnow added 126p to 2,063p, a rise of about 6.5%.
Boots gained 22p to 735p on news of more than 2,000 job cuts as the company chases improved profitability.
Kazakhmys added 27p to 944p as it announced plans to triple its copper processing capability next month.
Bid speculation maintained upwards pressure on Marks & Spencer shares, which closed up another 16p at 570p.
Over in New York the Dow Jones Industrial Average index is currently trading up about 36 points at 11,112.
3M is the biggest gainer, up $0.86 to $72.94.
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