Most of the main stockmarket gauges on the Continent put in a small bounce at the end of the week, helped by the Organisation of Petroleum Exporting Countries's decision to cut production in a bid to prop up prices.
London's FTSE 250 was up 1. 15% at 17,957. 43 in afternoon trade on Friday, as oilers powered upward on the back of an OPEC decision to cut production.
All eyes over the coming week will be on Tuesday's vote in Parliament on the Prime Minister's amended Brexit deal.
Annegret Kramp-Karrenbauer has been elected as Angela Merkel’s successor as leader of the German Christian Democrat Party (CDU), beating multi-millionaire businessman Friedrich Merz by just 25 votes.
The FTSE 100 ended the week down 202. 13 points at 6778. 11.
London stocks recouped part of the previous day's losses on Friday which had taken the top-flight index to its worst level since the Brexit referendum, as investors eyed the release of the latest non-farm payrolls report.
After the storm, a relatively calm Friday saw the commodity-related sectors and defensive stocks climb, while the retail sector was splattered with red.
JP Morgan boss Jamie Dimon cautioned of the risk that the US central bank does "too little too slow".
Analysts at Canaccord Genuity took a fresh look at insurance and underwriting service Beazley on Friday, a day after the firm warned claims from the recent California wildfires had cost it roughly $40m.
Analysts at Canaccord Genuity reiterated their 'buy' rating and 610p target price on insurance and underwriting service Beazley on Friday, a day after the firm warned claims from the recent California wildfires had cost it roughly $40m.
Bank Of Georgia chief executive Kakhaber Kiknavelidze purchased 15,000 ordinary shares in the FTSE 250-listed lender on Friday.
London’s FTSE 100 was up 1. 8% to 6,824. 28 in afternoon trade on Friday, recovering from heavy falls in the previous session, with rallying oil prices providing an added boost.
The sale by Ei Group of 350-pub properties has progressed through to the second round, with several investment funds interested.
Africa-focussed oil and gas company Tower Resources announced on Friday that its wholly-owned subsidiary, Tower Resources Cameroon, has signed a contract with Vantage Drilling International for the Topaz Driller jack-up rig to provide drilling operations for the NJOM-3 well.
Connected healthcare software provider EMIS Group has reached a settlement agreement with NHS Digital, it announced on Friday.
MySQUAR updated the market on its precarious trading situation on Friday, announcing that in order to preserve cash, it had temporarily shut down one division and part of another to further conserve cash.
US stocks traded lower at the bell on Friday, ignoring a global trend in the wake of a late recovery in the previous session as a result of the latest non-farm payrolls report coming in weaker than expected.
US consumer confidence was steady at the start of December, but their confidence in the outlook ebbed, according to the results of perhaps the most widely-followed survey of American consumer spirits.
Markets in Asia broke several days of disappointment on Friday, as sentiment was boosted by reports that the US Federal Reserve was considering a more gradual incline when it comes to raising interest rates.
The world's major oil producers agreed to slash their output by a tad more than had been expected following two days of talks in Vienna.