LONDON ( The Deal) -- European stocks were mixed on Friday, with investors taking scant comfort from news that Europe's two biggest economies had returned to growth in the third quarter.
Initial estimates from the European Commission's statistics arm showed that the eurozone economy expanded 0.2% in the third quarter, slightly better than the 0.1% growth predicted, and up from 0.1% the previous quarter. The year-on-year growth rate was 0.8%. The French economy performed better than expected, with both France and Germany returning to growth, but the Italian economy shrank for the second quarter. It has contracted on a year-on-year basis every quarter this year.
In London, the FTSE 100 fell 0.10% to 6,628.99. In Frankfurt, the DAX was down 0.08% at 9,240.98 and in Paris the CAC 40 was up 0.13% at 4,193.20.
In London, mining companies BHP Billiton (BHP) , Rio Tinto (RIO) , Anglo American (AAUKY) , and Randgold Resources (RGORF) were among the main losers as Chinese data pointed to a slowdown in growth. Weir Group, a manufacturer of equipment for oil companies and power producers, declined as oil prices fell.
Recently listed B&M European Value Retail was up 1% after Sky News reported it was in talks to buy branches from Home Retail Group's (HMRTY) Homebase home-improvement chain. Home Retail Group rose over 1%.
In Paris construction and telecom group Bouygues (BOUYF) rose almost 4% after lifting its full-year forecast thanks to construction growth outside France, and Airbus Group (EADSY) gained more than 2% after third-quarter figures beat estimates.
In Tokyo, the Nikkei 225 closed up 0.56% at 17,490.83. In Hong Kong, the Hang Seng gained 0.28% to end the week at 24,087.38.
Mainland Chinese indices were mixed after a measure of Chinese credit fell in October from September and lagged forecasts. The aggregate financing data followed disappointing news on factory output and capital investment the day before.