Updated at 1600 GMT

By Khushi Singh and Lisa Pauline Mattackal

Oct 4 (Reuters) - London-listed stocks were little changed at the close on Friday, paring some earlier declines after a strong U.S. jobs report, but ending the week in the red as investors eyed rising conflict in the MiddleEast.

The blue-chip FTSE 100 .FTSE was flat,while the mid-cap FTSE 250 .FTMC jumped 0.8% higher. Both indexes, however, notched weekly declines.

The blue-chip FTSE 100 dipped 0.5% for the week, while the midcap index lost 1.6%.

Stocks pared some losses after a closely watched U.S. labor market report showed the world's largest economy added far more jobs than expected in September, quelling some concerns about the outlook for global growth and demand.

Heavyweight oil and gas .FTNMX601010 shares advanced 0.9%, and jumped over 5.5% for the week, the sector's best trading week since April as crude prices rose after President Joe Biden said the United States was discussing an Israeli attack on Iranian oil facilities.O/R

Escalating conflict in theMiddle East has raisedworries about disrupting supply, lifting commodity-linked stocks. The oil and gas sector was the best sector performerthis week.

The FTSE 350 Bank index .FTNMX301010 rose nearly 2% as investors trimmed expectations for Federal Reserve policy easing, and as Bank of England Chief Economist Huw Pill said the BoE should move only gradually with cutting interest rates.

The personal goods .FTNMX402040 index led sectoral gains on Friday witha 3% rise, lifted by a 5.5% rise in Watchesof Switzerland Group WOSG.L on its plan to buy Hodinkee, a digital content provider for luxury watch enthusiasts.

However, a 1.3% fall in the pharma and biotech sector .FTNMX201030, led by a 1.9% loss in AstraZeneca AZN.L, limited FTSE 100 gains on the day.

Construction PMI data showed Britain's construction sector grew at its fastest pace in nearly two-and-a-half years in September, but costs faced by firms escalated.

Reporting by Khushi Singh in Bengaluru; Editing by Savio D'Souza and Andrea Ricci

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