European stocks end week lower as investors remain focused on Israel-Iran conflict

European stocks ended the last trading day higher but were largely losers for the week as a whole.

The Stoxx Europe 600

 index ended provisionally up 0.1% on Friday, but lost 1.5% for the week as investors remained focused on the escalating conflict between Israel and Iran.

Germany’s DAX was up by 1.2% but lost nearly 1% for the whole week. France’s CAC 40 also ended the week down 1.2% despite a positive close of 0.5% on Friday.

The U.K.’s FTSE 100

 closed down provisionally by 0.2% on Friday, and also lost value for the week as a whole.

We’re around halfway through the final trading session of the week, and regional equities are still broadly on the rise.

The pan-European Stoxx 600

 index was last seen trading 0.6% higher, with most sectors except oil and gas — an industry already being impacted by the escalating conflict between Israel and Iran — in positive territory.

The Stoxx Europe Oil and Gas index was last seen trading 0.1% lower, with global benchmark brent crude futures down by $1.78, or 2.3%, to trade at $77.07 a barrel.

All major bourses are in the green, with Germany’s DAX

 leading gains with a 1.2% jump.

The Stoxx 600′s current price puts it on track for a weekly loss of 1.1%.