European stocks edged higher Friday, with Fiat Chrysler Automobiles NV and industrial names advancing, but gains were held in check by a surging euro on the back of a breakthrough in German government-coalition talks.
The Stoxx Europe 600 index rose 0.3% to close at 398.49, swinging into positive for the week and ending with a 0.3% weekly gain.
Germany’s DAX 30 index closed up 0.3% at 13,245.03, and France’s CAC 40 picked up 0.5% to 5,517.06.
The U.K.’s FTSE 100 index edged up 0.2% at 7,778.64, scoring another record closing high.
The euro charged up to $1.2132 from $1.2034 late Thursday in New York.