The FTSE 100 is shrugging off a shock YouGov poll in the Times which suggests the UK could be heading for a hung parliament despite some volatility in the pound. In early trading the index is up a handful of points at 7,529.68.
Major UK supermarkets trade lower early on as the latest grocery market share figures from Kantar Worldpanel reveal German upstarts Aldi and Lidl grew at their fastest rate since January 2015 in the 12 weeks ending 21 May to claim a record market share of 12%.
Tesco (TSCO) is marked down 1.75p to 183.6p, despite increasing sales 1.8% year-on-year in the period, Morrisons (MRW) moves 1.1p lower to 246.5p and Sainsbury's (SBRY) softens 0.2p to 279.5p.
It is otherwise a very quiet day for corporate news.
Trading platform IG (IGG) gains 3% to 570p as it guides for revenue and profit in its May 2017 financial year to be up year-on-year after a better-than-expected fourth quarter.
Real estate investment trust Londonmetric Property (LMP) ticks up 0.8% to 168.2p as full year results to 31 March show net rental income up 5% to £82m.
The property investor announced the acquisition of three urban logistics warehouses in Crawley, Coventry and Huyton for £23.9m combined.
Housebuilder Telford Homes (TEF:AIM) gains 1.5% to 437p as it reports record full year profit, as expected, and a bumper order book. You can read our latest view on the company here.
Elsewhere, the Irish government has confirmed it will launch an initial public offering (IPO) of state-owned Allied Irish Banks - with an expected value of €12bn, well below the €21bn it allocated to bail out the bank during the financial crisis.
