The blue-chip FTSE 100 index inched 0.02% lower as heavyweight oil majors BP and Royal Dutch Shell and banking stocks, fell and a stronger pound weighed on the index.
Hammerson reversed course to trade 2.5% lower. The company on Monday confirmed that it was in talks for a possible sale of its retail parks portfolio to Canadian private equity player Brookfield Asset Management.
The blue-chip index ended up 0.8pc, with Anglo American one of the biggest boosts to the index, gaining 3.2pc on plans to spin off its thermal coal assets in South Africa.