FTSE 100 bolstered by mining shares but housebuilders hit
(Close): The market recovered from early losses, boosted by mining and commodities shares.
After falling at the open, the FTSE 100 ended up 4.29 points, or 0.07%, at 6,200.12.
Tesco closed up 1.55%. The supermarket reports results on Wednesday.
Banking shares were trading higher. Standard Chartered was up 0.99% - having been more than 2% ahead - with the Bloomberg news agency reporting that the bank is aiming to sell at least $4.4bn of assets in Asia.
Banks were also helped by expectations that their peers in Italy could be restructured. Italian bank shares surged.
Shares in Next fell 1% after Exane cut its price target for the stock and warned 25% of the retailer's profitability could be at risk in the future.
Shares in Daily Mail and General Trust were down 0.65% after the firm said it was in talks with potential bidders about a possible offer for Yahoo.