(MENAFN- ProactiveInvestors) UK shares are tipped to open a tad lower on Friday despite the positive noises coming from Europe over the Greek debt deal.
After topsy-tuvy trading on the UK benchmark yesterday which saw the index reach a new record high in the morning then later go into the red it closed 17 points higher at 6962.
Today financial spreadbetters at IG index are calling it to open around six points lower.
Middle of the night talks between the Greek Prime Minister and leaders in Brussels are said to have been constructive after a period in which both sides appeared unwilling to give way.
The debt ridden country has reportedly agreed to come up with new reform measures within days to ensure it receives the additional cash it needs to stop becoming bankrupt.
Prime Minister Alexis Tsipras was quoted as saying he was more "optimistic" after the meeting.
Meanwhile in US trading equities were out of favour as markets digested the noises from the recent Fed meet and the FOMC committee downgrading its outlook for the US economy this year.
The Dow Jones closed 117 points down at 17959 while the broader based S&P 500 fell 11 points.
In Asia meanwhile stocks were more buoyant. Japan's Nikkei 225 added 83 points while the Shanghai Composite Index in China gained 24 to 3608.
On the corporate front in London today traders will be scrutinising the housebuilding sector once again as () posts and interim management statement.
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