Britain's leading shares trekked higher on Friday, putting the FTSE 100 index on course for its biggest weekly gain in nearly eight months as miners and oil stocks charged higher.
Britain's FTSE 100 share index hit a 3-week high on Thursday, fired up by strong resources and bank stocks, although trading levels were modest ahead of a U.S. interest rate decision.
Banks saw HSBC and Royal Bank of Scotland gain 1.1 percent, while Barclays put on 1.5 percent.
Financial markets stalled on Wednesday as uncertainty about when the Federal Reserve will end its monetary tightening campaign kept investors sidelined, while crude oil rose above $72 a barrel on worries about U.S. gasoline supplies.
Leading UK shares closed higher on Friday but finished the week with a moderate loss as the market's recent choppy trading pattern, sparked by inflation and interest rate jitters, persisted.
Britain's leading shares bounced into positive territory on Wednesday, reversing direction from initial losses as consolidation hopes in the utility sector boosted stocks such as International Power, while insurer Friends Provident, rose after an analyst upgrade and financials generally added support.
British blue chips swung to a closing loss on Thursday and erased earlier gains, dragged lower by a drop in mobile phone giant Vodafone and losses on Wall Street.
Britain's FTSE 100 index closed sharply higher on Friday as fresh bid talk buoyed mortgage bank Alliance & Leicester, while the Midcap 250 index hit a fresh high led by brewer Greene King.
Britain's leading shares were barely weaker on Monday, propped up by gains in oil companies and miners such as BG Group as prices of crude oil and some metals traded near record levels, although most heavyweight sectors such as banks and pharmaceuticals eased.
Britain's FTSE 100 index saw earlier gains evaporate and ended lower on Thursday after mining stocks including Xstrata and Rio Tinto tracked a steep fall in commodities prices and handed back some of the sector's striking gains.