London stocks finished with solid gains and near their session highs on Wednesday despite the powerful drag from Sainsbury's after the competition watchdog cast doubt over its merger with Asda, with investors waiting on the release of the Federal Reserve meeting minutes after the close and possible developments from Theresa May's latest talks in Brussels.
Low & Bonar chairman Daniel Dayan purchased 364,560 ordinary shares in the London-listed building materials outfit on Wednesday.
Thursday may turn out to be an intense day on all fronts.
Low-cost carrier Ryanair revealed that it will open a new airport in Toulouse in October.
European manufacturer McBride warned investors on Wednesday that its full-year adjusted pre-tax profits would come in roughly 10-15% lower than in the year before, as it struggles to cut back on raw material and logistics expenses.
Most markets in Asia finished higher on Wednesday, riding a wave of positive sentiment generated by comments from Donald Trump that the looming deadline for a trade deal with China could be postponed.
The UK government will on Wednesday announce measures to reduce risks taken by private firms that provide public services, as it seeks to assist companies that have become increasingly wary of taking on new government business in the wake of Carillion's collapse last year.
London stocks were set for a steady start on Wednesday following a mostly muted close on Wall Street, as investors eyed the latest minutes from the Federal Reserve and more Brexit talks between Prime Minister Theresa May and European Commission President Jean-Claude Juncker.
Tui executive Sebastian Ebel purchased 47,580 ordinary shares in the FTSE 100-listed travel outfit on Tuesday.
British businesses are raising wages by the most in the past seven years as it becomes increasingly difficult finding enough skilled workers due to Brexit.