The FTSE 100 Index closed up 78.9 points at 6,490.7 today, a gain of more than 1%, having notched up its 10th month in a row of gains in March as it remained resilient in the face of recent fears over Cyprus.
A multibillion-euro bailout for Spain's banks was not enough to appease traders' concerns over the embattled country as the London market closed 1% lower today.
A pre-Christmas rally ensured the London market closed on a festive note today as the likes of oil giant BP and Johnnie Walker owner Diageo put in a resilient performance.
Energy firm BP unveiled the identity of its new chairman yesterday, surprising the market and ending a two-year search for Peter Sutherland's successor.