Monday saw the FTSE 100 finish just three points higher at 7,300.86, up 0.05%. The top risers included Intu Properties, up 2.15% to 275.50p and Paddy Power Betfair, up 2.10% to 8,250p. Centrica shares lifted 1.86%. There was also some support for high street retailer Next, up 1.84%.
Miners Anglo American and Antofagasta Holdings both took -2% falls to 1009.50p and 753.50p respectively. Away from the Big Board there were strong gains for Countrywide, up 4.88% and Thomas Cook Group, up 3.64%.
However the French CAC 40 closed down almost 1% following President-elect Macron's comfortable win. The German Dax slipped -0.18% lower to 12,694.55. After an initial rally, the euro also fell back as questions about how Macron would finesse his reform agenda began to harden.
Meanwhile the owner of paint brand Dulux, AkzoNobel, has for the third time rebuffed a takeover bid from US competitor PPG though PPG is adamant it's a fair offer on the table.
“PPG,” it says, “continues to believe its proposal is vastly superior in shareholder value creation and provides more certainty to employees and pensioners than AkzoNobel’s recently announced new standalone plan."
Following on from this morning’s news that Centrica, owner of British Gas, lost 261,000 customers to other energy operators in the last quarter, the energy giant says Conservative proposals to cap energy costs may induce price rises and undermine competition.