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An easing of energy crisis fears and a strong start to trading on Wall Street helped the FTSE 100 to a solid finish on Thursday. By the close the index was up 1.2% at 7,078.04.
In the US the S&P 500 was up 1.35% to 4,422.55 by 4.30pm UK time.
Oil major Shell warned on disruptions from Hurricane Ida but also flagged a boost to cash flow from higher gas and electricity prices. It traded up 1.2% at £16.83.
Online trading platform CMC Markets forecast lower first-half revenue following a fall in client income amid 'subdued' trading activity since the start of the year. The shares fell 2.7% to 269.5p
Air quality solutions company Volution dipped 0.7% to 471p as it resumed its dividend after reporting that annual profit more than doubled.
For the 12 months ended 31 July 2021, pre-tax profit jumped 106.3% to £30 million year-on-year as revenue increased 253.8% to £272.6 million.
Diversified Energy said it had entered into conditional agreements to acquire certain upstream assets from Tapstone Energy for $419 million. It advanced 3.7% to 124.2p.
Packaging and paper company Mondi reported a rise in core earnings as higher average prices and 'strong' volume growth boosted performance in the third quarter of the year. It gained 1.3% to £18.11.
Cruise company Carnival announced plans for more ship restarts for January and February, as it worked toward the return of its full fleet sailing from US homeports in the spring of 2022. It advanced 0.7% to £16.61.
Clothing brand Sosandar reported a surge in first-half profit as the lifting of Covid restrictions bolstered demand as customers to return to the office and attend events.
For the six-month period ended 30 September 2021, revenue was up 184% to £12.2 million year-on-year. Its shares were up 15.1% to 29p.