The FTSE Eurofirst 300 gained just less than 0.1 percent to close at 1,164.53 on Friday to end a week that saw more attacks on London’s transport system and the revaluation, albeit slight, of China’s currency.

In reporting its second quarter results on Thursday, Finnish telecommunications company Nokia said that its market share had increased from 32 percent to 33 percent, but that profit margins had shrunk due to the higher cost of manufacturing and lower average selling prices.

Following a series of downgrades, including a change to “underweight” by JPMorgan and a cut in target price from €17 to €16 by UBS, the value of Nokia’s shares lost 12.7 percent on the week to €12.90, to be the index’s largest decliner for the week.

On the other hand, Swedish company Ericsson reported strong results, but managed to gain only 0.6 percent for the week to close at SKr26.60 on Friday.

French food group Danone remained one of the weeks best performers on the strength of speculation that US company PepsiCo was ready to make a bid for the company, even though by the end of the week Danone’s chief executive had said he would oppose the bid.

Despite this negative news, Danone kept much of the 16 percent gain it had achieved at the beginning of the week to close at €3.42 on Friday, a gain of 10.7 for the week.