London’s blue chip index failed to find direction as investors sat tight ahead of news from the eurozone and economic data this week.
The FTSE 100 Index closed up 13.1 points at 6277.1 as eurozone group finance ministers sat down to discuss the value of the single currency.
The meeting comes after French finance minister Pierre Moscovici has raised concerns that the rising euro is making goods less competitive.
Markets were also subdued with Asian markets shut due to the Chinese new year.
In the currency markets the pound was down against the euro at 1.17 and the US dollar at 1.57 ahead of the Bank of England’s latest assessment of growth and inflation in its quarterly report on Wednesday, the day after the release of monthly cost of living figures.
The biggest FTSE 100 risers were Eurasian Natural Resources up 18.1p to 395.8p, Evraz ahead 7.5p to 296p, Morrison 6p higher at 256.1p and Aviva up 5.3p to 362.2p.
The biggest FTSE 100 fallers were Randgold Resources down 155p to 5845p, Whitbread off 47p to 2645p, ARM Holdings 15.5p lower at 903.5p and Burberry Group down 20p to 1345p.
