The London market held its nerve on Monday as Greece and its creditors prepared for the next moves in the country's debt crisis.
The FTSE 100 Index modestly pared earlier losses to stand 37 points off at 6548.78, although that was still better than the 140-point drop analysts had predicted.
Mainland European indices fared less well, with Germany's DAX falling 174 points and France's CAC-40 dipping 90 points.
Dealers were closely watching the fallout from Greek voters' rejection of creditors' proposals to keep the struggling Mediterranean country's economy afloat.
Eurozone leaders arranged an emergency summit for Tuesday evening to discuss the referendum result.
But they stood their ground over Greek demands for debt relief in exchange for reform, saying a debt cut wasn't on the table.
There was some cheer for the creditors when controversial Greek finance minister Yanis Varoufakis resigned.
The front-runner to replace him is Euclid Tsakalotos, who has already stood in for Varoufakis in some talks in the past few months.
Connor Campbell at Spreadex said: "Tsakalotos is a more stable figure than Varoufakis and his (relatively) moderate views could help ease a deal into existence."
Greek politics specialist Professor Hari Tsoukas, of Warwick Business School, warned premier Alexis Tsipras against bowing to demands from hard-liners in his party.
"In a country where national pride is important, people were moved by the way Tsipras stood up to the creditors," Tsoukas said.
"However, they may be surprised to find national dignity is not so much served by confrontation and protests at rallies but by pragmatically building alliances, searching for compromises and making credible commitments."
Back in London, Rolls-Royce (LON:RR.) was off 65p at 791.5p after warning on profits due to weakness in civil aerospace and marine power markets.
Shares in Bovis Homes (LON:BVS) rose 22p to 1163p as the house-builder unveiled record home deal completions.
Landscaping material supplier Marshalls (LON:MSLH) made up early losses to stand 3.1p up at 322.6p as an 11% rise in first half revenue to £199mln failed to impress.
Ophir Energy (LON:OPHR) slipped 2.7p to 108.9p after the Asian and African explorer said it was on track to meet annual production hopes at "a tough time in the commodity cycle."
Vehicle tracking technology firm Trakm8 (LON:TRAK) reversed 4.2p to 171.32p despite announcing higher annual +revenue and profit.
Europa Oil & Gas (LON:EOG) leaked 1.4p or 18% to 6.4p after revealing plans to raise up to £3.4mln through share sales.
Shares in ECR Minerals (LON:ECR) jumped 0.01p or 14.75% to 0.09p as exploratory work at its Itogon gold project in the Philippines yielded positive results.