The FTSE 100 Index ended flat, down just 0.90 points to 5,884 points today, after a closed Wall Street failed to give direction.
Property developers led the risers as they awaited the publication of Kate Barker’s review of the UK’s planning rules.
Hammerson rose 3.16% to 1,241p, British Land gained 2.85% to 1,333p and Land Securities advanced 2.79% to 1,879p.
Contract caterer Compass gained 0.65% to 273p, as rumours emerged of possible interest from private equity groups.
Drug giant AstraZeneca slipped back 1.38% to 3,219p after ING Financial changed its “buy” recommendation on the shares to “hold” as it awaits key developments over the next few months.
Mortgage lender Northern Rock slipped 0.05% to 1,040p, despite reports naming Spanish peer Santander as a possible suitor. The group has already benefited from talk of a possible merger with Bradford & Bingley.
In the US, the Dow Jones Industrial Average is closed for Independence Day.IFAonline
Joined as head of strategy, multi asset, in June
Group income protection
Nine in 10 do not have income protection
Set to become part of Single Financial Guidance Body