Europe Closes Higher

European stock markets closed higher on Friday. London's Financial Times-Stock Exchange 100 gained 11.50 points, or 0.24%, to close at 4739.80, well below its intraday highs. British Airways led the charge on lower oil, while Easyjet also moved ahead announcing a 25% jump in October passenger traffic from a year ago. The airlines benefit from weaker crude oil prices. Energy groups fell: BP and Shell lost 1.2% and 0.52%, respectively.

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