- The FTSE 100 remained in positive territory amid media reports that North Korea is considering giving up its nuclear weapons and stopping its nuclear programme if it can secure direct talks with the US.

Miners continued their strong performance. Concerns eased over a potential trade war sparked after US President Donald Trump's threatened tariff on imports of steel and aluminium.

Miners Anglo American (AAL), Antofagasta (ANTO) and BHP Billiton (BLT) enjoyed an uplift of up to 0.4%.

The FTSE 100 closed 0.4% higher at 7,146.

Brent crude oil slipped 0.1% to $65.44 per barrel. Gold jumped 1.1% to $1,333 per ounce and copper climbed 1.1% to $3.14 per pound.


US indices fell into the red after US factory orders fell more than expected. The Dow Jones suffered the biggest fall, trading 0.6% lower at 24,722 around 4:45 UK time.


Online delivery platform Just Eat's (JE.) plan to invest in brands, developing markets and delivery services disappointed the market, triggering an 12.5% slump in the shares to 744.8p.

Packaging company Smurfit Kappa (SKG) rejected a takeover approach from US peer International Paper Company, sparking an 19.7% rally to £30.42.

The takeover offer had a positive read across to UK-listed DS Smith (SMDS) and Mondi (MNDI), which both jumped up to 5.6% on the news.

Clay brick manufacturer Ibstock (IBST) strengthened 6.7% to 279.8p on strong annual results and an expected margin improvement of between 1% and 2% for the UK brick business in 2018.

Sales at Bodycote (BOY) beat market growth rates after rising 14.9% to £690.2m in 2017. The stock gained 5.7% to 963p.

Shares in office space rental group IWG (IWG) was up 1% at 242.5p despite a 14% drop in pre-tax profit due to a challenging backdrop, particularly in London.

Trouble in Argentina dragged on temporary power provider Aggreko's (AGK) profitability. The company said discounts and issues in Argentina were behind an 11.8% decline in annual pre-tax profit, causing the stock to fall 3.9% to 695.5p.

Investors were in profit taking mode at industrial equipment rental specialist Ashtead (AHT), down 5.5% at £19.17. In North America, the company delivered strong growth and third quarter trading met expectations.

Bookie William Hill (WMH) announced it is selling its Australian business for $300m (£168.5m) to CrownBet. The stock was marked 2.7% higher to 324.6p.

Intertek (ITRK) was up 4.6% at £50.92 after delivering a strong set of full year results and hiking its dividend.

Rotork (ROR) said over 2017 'favourable market conditions' returned and it benefitted from improving order momentum. Investors focused on a 17% drop in pre-tax profit to £80.6m in 2017, causing the shares to decline 7.5% to 264.4p.


Independent gas and electricity supplier Yu (YU.) enjoyed a record year, driven by substantial increases in sales and profits, sparking the shares 8.1% higher to £13.25.

Margin pressure continued at LED lighting products manufacturer Luceco (LUCE), prompting a profit warning. The company reported it now expects profit after tax of £11m in 2017, down from its forecast £13.2m in December, wiping off a third of its market value.

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