The FTSE 100 held steady at 7,202.00 during midday trading as traders awaited the reopening of Wall Street.
UK industrial production = fastest pace since 2016 in January — major rebound from the reopening of Forties oil and gas pipeline in the North Sea.
Production in mining/quarrying, which includes oil and gas, jumped 23.5pc. But monthly manufacturing growth slipped back to 0.1pc.
— Andrew Neil (@afneil) March 9, 2018
Brent crude was up 1.04pc at $64.27 following growth of optimism about President Donald Trump meeting North Korea’s Kim Jong Un.
Sterling struggled to make progress after official industry data showed a slow start to 2018, which led to a 0.1pc drop against the dollar at $1.3808.