Excitement over Vodafone's imminent multibillion pound exit from the United States continued to prop up its shares today.
The blue-chip stock was among a handful of risers during an otherwise lacklustre session, with the FTSE 100 Index giving up gains seen yesterday to stand 33.2 points lower at 6449.8.
An upward revision of second-quarter GDP in the United States helped markets on Thursday, despite fuelling expectations that it may prompt the Federal Reserve to begin tapering asset purchases next month.
Shares in Vodafone maintained their froth following yesterday's confirmation t hat it had resumed discussions over the potential sale of a 45% stake in Verizon Wireless.
Speculation over the potential deal, which analysts believe could be worth up to 130 billion US dollars (£84 billion), caused an 8% rise in its share price yesterday, leaving the mobile phone giant at its highest point since 2002.
Shares lifted another 1.5p to 206.25p amid hopes a deal will be announced next week.
In other corporate news, Frankie & Benny's owner The Restaurant Group was 4% or 22p higher at 561p after reporting a 15% rise in half-year profits to £30 million.
The performance was in line with City forecasts, although the company said sales growth slowed in July amid the heatwave.