Europe Markets

Europe shares close higher after US jobs report


European shares continued their push higher to close up on Friday, after investors reacted positively to U.S. payrolls data.

The pan-European FTSEurofirst 300 closed provisionally 0.5 percent higher at 1,387.54 points. It was around 0.7 percent higher on the week.

Most sectors posting gains on Friday, with banking stocks seeing the heaviest buying.

Peripheral bourses led gainers, with Portuguese, Italian, Spanish and Greek stocks all closed up 1.4 percent or higher.

The U.K.'s FTSE 100, Germany's benchmark DAX index and France's CAC 40 index closed unofficially higher by 0.6 percent, 0.3 percent and 0.7 percent respectively.

Slow but steady boost to US jobs

The U.S. nonfarm payrolls report showed that 217,000 jobs were created in May. The unemployment rate remained unchanged on the month at 6.3 percent.

Economists surveyed by Reuters had expected 218,000 jobs to be created, down from April's 288,000 addition.

U.S. stocks furthered their record climb on Friday after the report.

Read MoreTrack US markets live with CNBC

Back in Europe, April industrial output data for Germany rose less than expected. However, trade balance data showed that German exports grew at their strongest pace for nearly two years in April.

Follow us on Twitter: @CNBCWorld