The FTSE 100 was flat Wednesday as Greece's lenders fail to reach agreement on financial aid, with miners among the biggest losers.
The index of leading shares stood down around three points, or just 0.06% at around noon today, at 5,745.
There will be another meeting by euro officials and ministers next week after nearly 12 hours of discussions last night failed to get anywhere.
Vedanta Resources (LON:VED) was down 2.31%, while gold firm Randgold Resources (LON:RRS) slipped 1.87%, to stand at 6,545p.
Chemicals firm Johnson Matthey (LON:JMAT), however, was the biggest loser after it reported a 6% decline in first-half pretax profit on the back of lower metals prices.
Its shares dropped 6.37% to stand at 2,178 pence each.
Michael Hewson, of CMC Markets, said: "It would surely have been hoping for too much to expect some form of agreement from last night’s Eurogroup meeting, and so it has proved, as the obstacles to an agreement continue to prove politically difficult.
"It now looks as if we will have to wait that little bit longer with EU ministers agreeing to reconvene next Monday to work through further technical details, as policy makers strive to close the gap between the IMF’s position of debt restructuring and sustainability, and Germany and others position of 'no' to the politically toxic option of debt forgiveness."
He nods to events this week across the pond as he added: "In the US, the latest weekly jobless claims are due out early this week due to Thanksgiving and markets will be watching to see if the sharp [super-storm] Sandy induced rise above 400,000 has been significantly reversed, with expectations of a fall from 439,000 to 410,000."
Bucking the trend of the Footsie was the junior market, with the FTSE AIM 100 up 17.95 points at 3,079.67.
Among the biggest risers were oil stocks.
Falkland Oil & Gas (LON:FOGL) was up 17.9% to 64.25p. Gulf Keystone (LON:GKP) was up 8.2%, at 191.5 pence. Chariot Oil & Gas (LON:CHAR) shares were up 4.8%, at 27.50 pence.
In the small caps arena, Avia Health Informatics ( LON:AVIA) was up over 26%, to stand at 8.25 pence. Anglesey Mining (LON:AYM) was up 4.55%, to stand at 0.30 pence.