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European markets closed higher Friday as investors monitored talks on a fresh coronavirus relief package stateside.

The pan-European Stoxx 600 closed up by 0.6% provisionally, with basic resources and travel shares both adding 1.5% to lead gains, while autos fell 0.9%. For the week, the Stoxx 600 logged a 2% gain.

At the top of the European blue chip index, Rolls-Royce surged 14% as investors keep faith in the British airplane engine manufacturer’s rights issue announced last week, while Pandora shares climbed more than 17% after the Danish jeweler hiked its profit guidance.

Reference: CNBC