London - Britain's top equity index steadied on Friday, outperforming the broader European stock market and propped up by commodities shares, which advanced as prices of major industrial metals and oil rose.
The commodity-heavy FTSE 100 index was flat in percentage terms at 6,100.11 points by 09h18 GMT, after gaining 0.7 percent in the previous session. In contrast, the pan-European FTSEurofirst 300 index was down 0.4 percent.
Equity markets globally retreated after gains on Thursday as investors refocused on underlying weaknesses in the global economy. Most British shares followed suit with the notable exception of the commodity sector.
The UK mining index rose 1.6 percent, the top sectoral gainer, after metals prices gained following a fall in the US currency, making dollar-priced metals cheaper for holders of other currencies.
Anglo American jumped 5.8 percent, the top gainer in the blue-chip FTSE 100 index, while Rio Tinto, BHP Billiton and Fresnillo were up 1.2 to 2.2 percent.