European markets close higherEuropean markets close higher

LONDON: With oil prices touching five-month lows, the auto sector combined with M&A to power European markets to a higher finish Friday. 

The German DAX 30 ended up 0.5 percent at 5,123, the French CAC 40 gained 0.7 percent at 4,556 and the U.K. FTSE 100 index added 0.7 percent at 5,498.