BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks were mixed in the mid-market trading Friday, even as Asian peers traded modestly higher, as investors eye key U.S. retail sales and consumer price inflation data later in the trading session.
The trading also reflect China trade data released Friday as well as the start of the corporate earnings season in the United States.
The Labor Department's report showed that U.S. producer prices increased in line with economist estimates in the month of September.
Further, the trade data of the world's second-largest economy for the month of September showed growth in both exports and imports. China September exports in dollar terms rose 8.1 percent compared to last year, but came just short of economist estimates. Meanwhile, imports climbed 18.7 percent, above economist estimates.
The pan-European Stoxx Europe 600 index traded 0.2 percent higher at 391.22.
France's CAC 40 index traded up 2.43 points or 0.05 percent to 5,363.23.
The benchmark DAX in Germany moved up 12.54 points or 0.11 percent to 12,995.43.
Meanwhile, the FTSE 100, U.K.'s benchmark for blue-chip stocks, traded down 13.09 points or 0.16 percent to 7,543.15.
In stock-specific action, German chemicals giant BASF SE Friday signed an agreement to acquire significant parts of seed and non-selective herbicide businesses of German conglomerate Bayer AG. The all-cash purchase price is 5.9 billion euros. For Bayer, the divestment is part of its planned acquisition of Monsanto. BASF shares were trading down 0.4 percent, while Bayer was up 1.1 percent.
Airbus' shares were losing 0.6 percent after the U.S. Federal Aviation Administration issued an emergency order requiring airlines to inspect engines on roughly 120 Airbus A380 superjumbo jets world-wide.
GKN plc shares plunged around 9 percent after the engineering business reported weak margin for its third quarter, despite good organic sales growth. The company now expects management profit before tax for fiscal 2017 to be slightly above 2016.
Ashmore Group plc's shares were 6 percent higher after the specialist Emerging Markets asset manager reported growth in first-quarter assets under management.
Shares of Investment management firm MAN Group plc increased 3 percent on higher funds under management.
Copyright RTT News/dpa-AFX