On the data front, European car sales rose 9.8 percent year-on-year in September helped by demand for German vehicles, according to the European Automobile Manufacturers' Association. Despite this, the auto sector closed down 0.7 percent.
Oil prices had a choppy session as Friday's session drew to a close. Brent crude failed to reach $50 at the close, last standing at $49.81 while U.S. crude was at $46.68 a barrel. This volatility saw the oil and gas sector close mixed, with Tullow Oil down 1.6 percent, while Royal Dutch Shell and BP finished in positive territory.
French drinks maker Remy Cointreau reported a slowing decline in sales in the second quarter which fell 3.2 percent on an organic basis, after a 9 percent plunge in the first quarter. Remy Cointreau's stock ended down 2.4 percent.
Hugo Boss saw shares tank 11.1 percent after the German fashion house slashed its full-year earnings guidance, blaming weak sales in China in the third quarter. The news dragged many luxury brands down, with Swiss watchmakers Swatch and Richemont sharply lower.