Utilities closed down 0.40 percent, making it the worst performing sector Thursday, as earnings news weighed. Centrica tanked 15.49 percent by the market close, after announcing that it lost 823,000 customers in four months.
Shares of EDF, however, popped 5.6 percent — making it Europe's best performer — after reports emerged that France's finance ministry was looking at various restructuring options for the utility firm. One possible option is the spinning off of EDF's nuclear power-generation activities, Reuters reported citing sources.
Meanwhile, basic resources outperformed fellow sectors, closing up 0.31 percent, as metal prices rose in later trade. The sector had come under pressure in morning trade, as performance in Asia weighed on sentiment.
On Thursday, Chinese markets tumbled on liquidity concerns, with the Shanghai composite closing down more than 2 percent. U.S. markets meanwhile were closed for the Thanksgiving holiday, and Japan's Nikkei was also closed Thursday, leading to lower trading volumes across the world.