Britain’s top share index ended slightly higher on Thursday, recovering from earlier losses, as a late rally in crude oil prices boosted energy stocks and telecom firm BT Group advanced after its acquisition of mobile operator EE.

The blue-chip FTSE 100 index ended 0.1% higher at 6,865.93 after falling to an intra-day low of 6,808.19 earlier in the session.

Once again the REITs market outperformed the FTSE 100, ending the day 0.85% up at 3,392.78. However, Secure Income REIT, continued losses from Wednesday, down a further 0.85% to 292.5p.

Green REIT led the risers, up 3.3% to €1.41, while Big Yellow Group continued its strong week, up 2.14% to 633.5p. Hibernia clawed back Wednesday’s losses, ending the day up 1.69% at €1.12.

Big risers away from the REITs included the estate agent group Foxtons, which finished the day up 5.06% at 208p as takeover rumours begin to take hold in the City. First tipped in Property Week for a takeover, it appears the talk is getting louder.

Another strong riser was Capital & Counties Properties, which rose 1.97% to 397.6p. Grainger also rose on the back of a strong trading statement. Its shares rose 0.53% to 207.8p.

The pound hit a one-month high against the dollar, ending the day up 0.8% at $1.5296, dropping back from $1.5296 earlier in the day. Against the euro, Sterling remain little change a 74.74p per euro, after gaining 1.3% on Wednesday, the most since 23 January.
​Britain’s top share index ended slightly higher on Thursday, recovering from earlier losses, as a late rally in crude oil prices boosted energy stocks and telecom firm BT Group advanced after its acquisition of mobile operator EE.

The blue-chip FTSE 100 index ended 0.1% higher at 6,865.93 after falling to an intra-day low of 6,808.19 earlier in the session.

Once again the REITs market outperformed the FTSE 100, ending the day 0.85% up at 3,392.78. However, Secure Income REIT, continued losses from Wednesday, down a further 0.85% to 292.5p.

Green REIT led the risers, up 3.3% to €1.41, while Big Yellow Group continued its strong week, up 2.14% to 633.5p. Hibernia clawed back Wednesday’s losses, ending the day up 1.69% at €1.12.

Big risers away from the REITs included the estate agent group Foxtons, which finished the day up 5.06% at 208p as takeover rumours begin to take hold in the City. First tipped in Property Week for a takeover, it appears the talk is getting louder.

Another strong riser was Capital & Counties Properties, which rose 1.97% to 397.6p. Grainger also rose on the back of a strong trading statement. Its shares rose 0.53% to 207.8p.

The pound hit a one-month high against the dollar, ending the day up 0.8% at $1.5296, dropping back from $1.5296 earlier in the day. Against the euro, Sterling remain little change a 74.74p per euro, after gaining 1.3% on Wednesday, the most since 23 January.