Energy fears mount as European gas reserves head for record low

The FTSE 100 has ongoing its positive streak, closing .2pc better at 7,563.

The blue-chip index is on keep track of for its fourth consecutive week of gains as heavyweight vitality, mining and banking stocks have aided it outperform both the wider European index and the FTSE 250 this year.

Michael Hewson at CMC Marketplaces commented:

“Today we have taken a bit of a pause with the FTSE 100 and DAX both treading drinking water for the most aspect, buying and selling both aspect of the flat line, with the aim on a lot more respectable buying and selling updates from the retail sector, while to glimpse at the share price reaction, you’d have been forgiven for imagining they weren’t that good, while they could often have been superior.

“It has in fact been a working day of respectable quarterly quantities for United kingdom retail, not that you’d know it, with both Tesco and Marks and Spencer share charges slipping back again, while this could merely be a case that anticipations have been perhaps a minimal bit also high primary into the quantities, and there are issues as we head into the closing quarter, for both, that charge-of-living pressures may well impact their closing This autumn quantities, heading into the spring.”