FTSE 100 Flat as European Markets Mostly Lower Following Trump Comments; Oil Rises

The FTSE 100 is trading flat on Thursday morning as European markets come under pressure in the wake of an address by US President Donald Trump, which soured investor sentiment after some positivity over the last few sessions.

The FTSE 250 is down 1%, while on the continent, Germany’s DAX has fallen 1.4% and France’s CAC 40 is off 0.8%.

Energy stocks are the standout gainers on the FTSE 100, with BP surging 4.1% and Shell rising 3% as oil prices rallied sharply following Trump’s comments.

British American Tobacco is also among the top risers, up 1.9%. Brent crude has jumped 7.4% to $108.67 a barrel.

On the downside, precious metal miners are bearing the brunt of selling pressure as gold and silver prices drop in response to the Trump address.

Fresnillo leads the fallers, down 5.1%, with Endeavour Mining close behind at -4.5%. Housebuilder Barratt Redrow is also under pressure, falling 3.7%.

In corporate news, household goods manufacturer McBride has announced temporary price increases to offset rising input costs stemming from the Iran war, and cautioned that early signs of supply chain disruption are beginning to emerge.

Meanwhile, budget airline Wizz Air Holdings reported passenger growth of 8.4% year-on-year for March 2026.

In the FTSE 250, discount retailer B&M is the session’s biggest riser at +4.9%, while Hochschild Mining leads the losers, down 7.4%.