The London stock market is expected to experience muted trade as investors wind down ahead of the Christmas and New Year festivities. London's benchmark FTSE 100 index ended the week Friday at 5,196.81 points, a drop of 1.23 percent compared with a week earlier.
"We are now entering the real quiet period of the year with many investors taking an early Christmas break this weekend and not returning until the new year and so we may be simply trading through the motions and range bound until the heavier volumes start to come back," said City Index analyst Joshua Raymond.
Since striking six-years lows in March at around the 3,500-points mark, London's FTSE has soared by about 50 percent in value.
Markets world-wide slumped in early 2009 on fears about governments' ability to overcome a deep recession.
Although Britain is the last of the major economies still in recession, the country is expected to have returned to growth during the fourth quarter, or three months to December.