Sectors finished predominantly in positive territory, with the exception of autos, banks and health care. Europe's basic resources index meanwhile shot up 2.68 percent, on the back of strong imports data in China and a price rise in nickel.
In September, China exports rose 8.1 percent—in dollar terms—compared to a year ago, while imports rose 18.7 percent, according to Reuters. The imports figure beat economist estimates. The world's largest steelmaker, ArcelorMittal topped the European sector, soaring 7.37 percent.
Elsewhere in commodities, oil prices rose almost 1.5 percent each by Europe's close, boosted by the China data and tensions rising in the Middle East. In stocks, Tullow Oil rose 3.2 percent and OMV jumped 7.17 percent.
Looking at individual stocks, Provident skyrocketed to the top of the European benchmark as the beleaguered British subprime lender announced a recovery plan for its home credit unit. The firm is currently struggling with a staff shortage and remains on course to post a loss of up to £120 million ($159 million) in 2017. Shares finished up 12.42 percent on Friday.
The world's third-largest maker of crop chemicals, BASF, announced Friday that it had agreed to buy Bayer's seed and herbicide business for 5.9 billion euros ($7 billion). Bayer has been attempting to persuade competition authorities to approve its planned $66 billion acquisition of Monsanto. Bayer's shares finished in the black.
Meanwhile, GKN tumbled 9.86 percent, after the British engineering firm said "disappointing" trading in aerospace in the third quarter and two external claims would result in weaker-than-anticipated full-year profits in 2017.