Europe Stocks Finish Higher

The Nikkei index gained after the Bank of Japan's quarterly Tankan survey showed the headline diffusion index for large manufacturers improved

European stock markets finished higher on Friday, as a mixture of retreating oil prices and robust U.S. economic data helped lift the major indexes on Wall Street. London's Financial Times-Stock Exchange 100 index gained 88.8 points, or 1.94%, to 4,659.6. The index enjoyed one of its best days in recent memory, after booming ahead in afternoon trading and closing on a ground-breaking 27-month high. On the first day of the new quarter, the FTSE was boosted by the oil and financial sectors and positive economic data out of the U.S., says Standard & Poor's MarketScope.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.