U.K. stocks erased losses to close little changed as the FTSE 100 Index heads for a fourth straight weekly decline.
Rio Tinto Group and Anglo American Plc retreated, as a gauge of European commodity shares posted the only decline among industry groups in the Stoxx Europe 600 Index. Ashtead Group Plc, the equipment-rental company that gets most of its revenue from North America, slipped after reporting full-year earnings.
British American Tobacco Plc gained 2.9 percent after Credit Suisse Group AG recommended buying the shares.
The FTSE 100 declined less than 0.1 percent to 6,710.1 at the close in London, the lowest since March 10. The broader FTSE All-Share Index was also little changed, and Ireland’s ISEQ Index added 0.1 percent.