On Wednesday, U.K. stocks experienced a slight uptick, with energy stocks spearheading the increase as oil prices continued their climb from the previous night. This surge is attributed to growing concerns over potential disruptions in crude output due to escalating tensions in the Middle East.
The FTSE 100 index saw a modest gain of 9 points, or 0.1%, reaching 8,286, following a 0.5% rise on Tuesday.
Prominent energy companies, BP Plc and Shell, both surged approximately 2.5%.
Conversely, JD Sports experienced a significant drop of 5%, despite the sportswear retailer reporting record sales for the 26 weeks ending in August and reaffirming its financial guidance for FY25.
Wizz Air Holdings also faced a sharp decline, plummeting 6%, after the airline disclosed a decrease in load factors for September.
