The FTSE 100 is expected to remain below its September and December highs at 7,747 to 7,769 on the last trading day of the year with markets closing early.
UK house prices falling more than expected in December have not had much of an impact on the index which looks bid as trading begins.
While Thursday’s low at 7,705 underpins, immediate upside pressure should be maintained with the 7,747 to 7,769 region representing upside targets ahead of the 7,800 mark.