By Carla Mozee, MarketWatch

LONDON (MarketWatch) -- U.K. stocks were little changed Friday, as shares of miner Glencore PLC slipped, while shares of British Airways's parent company surged. But the benchmark FTSE 100 remains on track to post a monthly gain.

The FTSE 100 edged down 2 points to 6,947, easing from a record closing high notched in the previous session. It was the second record closing high for the blue-chip index this week; on Tuesday, it marked its best close since December 1999 (http://www.marketwatch.com/story/what-the-ftse-100-closing-at-its-highest-level-in-15-years-means-2015-02-24).

For the month, the index was up about 3%, which would be its best monthly rise since February 2014, according to FactSet data.

Surging to the top of the index was International Consolidated Airlines Group SA , with shares rising 4.3% as the British Airways operator increased its 2015 operating profit target (http://www.marketwatch.com/story/iag-profit-jumps-ups-operating-profit-target-22-2015-02-27) by 22%. The move was made possible in part by lower fuel costs as the carrier reported a jump in net profit 309 million euros ($346 million).

Lloyds Banking Group PLC also moved higher, up 1.5% as the bank said it will pay its first dividend since being bailed out (http://www.marketwatch.com/story/lloyds-resumes-dividends-as-it-returns-to-profit-2015-02-27) by the U.K. government during the financial crisis. The recommended dividend is 0.75 pence a share for 2014. Lloyds also said it swung to a profit of GBP1.13 billion ($1.74 billion).

Meanwhile, Glencore PLC shares fell 0.3% as the mining company said it plans to reduce Australian coal production (http://www.marketwatch.com/story/glencore-cuts-australian-coal-production-2015-02-27) by around 15%, citing subdued demand.

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