The FTSE 100 traded little changed to slightly higher on Friday as markets stabilized after a volatile week dominated by renewed tensions in the Middle East. Mining stocks provided support, with Rio Tinto rising about 1.5%, Glencore adding 0.5%, while Anglo American and Antofagasta gained 1.1% and 0.8%, respectively.

In contrast, AstraZeneca fell more than 1%, extending Thursday's 6.2% decline after its gene-silencing therapy Wainua failed a late-stage clinical trial.

In the FTSE 250, EasyJet surged after private equity firm Apollo agreed to acquire the airline for £7.15 per share in a deal valued at about £5.7 billion, surpassing a competing offer from Castlelake.

Investors also continued to monitor developments in the Middle East, although market volatility eased as the week drew to a close.

Despite Friday's steadier performance, the FTSE 100 remained down about 1.8% for the week.