ISSN: 2056-3736 (Online Version) | 2056-3728 (Print Version)

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The U.K.’s FTSE 100 climbed for a third straight day on Friday, led by miners and oil stocks, which got a boost from higher commodity prices.┬áThe FTSE’s gains stood out as one of the few European stock benchmarks in the green on Friday.

The London benchmark index gained 0.3% to close at 6,567.24, for a 0.3% weekly advance.

Most other markets across Europe were mired in the red, as investors tried to gauge what the latest reading on the U.S. labor market means for monetary policy. The keenly watched U.S. Bureau of Labor Statistics nonfarm payrolls report missed forecasts, showing that 214,000 were added to the economy in October. However, the unemployment rate beat expectations at 5.8%. Read: It may have been the best October jobs report ever

Buoying the FTSE in London, oil companies moved firmly higher as crude-oil prices climbed more than 1%. Royal Dutch Shell PLC (RDSB) gained 2.4%, BP PLC (BP) added 1.2% and BG Group PLC climbed 2.3%.

Mining shares advanced as metals prices headed north across the board. Shares of Rio Tinto PLC (RIO) picked up 2.4%, Glencore PLC (GLCNF) added 2% and BHP Billiton PLC (BHP) gained 3%.

But shares of Admiral Group PLC lost 3.5% after the car insurer reported a drop in third-quarter revenue.

In other London news, real-estate company Songbird Estates PLC , which owns 69% of Canary Wharf, rejected a takeover bid from the Qatar Investment Authority.

In U.K. data, the Office for National Statistics said the gap between how much the U.K. buys abroad and what it exports continued to widen in September, with the trade deficit for goods rising to 9.8 billion pound ($15.5 billion).

You’re invited: A free evening event focusing on investing opportunities in Europe

Will you be in London on Dec. 3? Then you’re invited to our MarketWatch Investing Insights event, “The worse Europe gets, the more you should invest”

Governments are in trouble, reform efforts have stalled, unemployment is climbing… the news from the eurozone is bleak. And investors are fleeing. But that’s a mistake: The worse the economic data from Europe get, the more you should be buying. Why? Because actions by the ECB will boost asset prices and the stock market in particular. And, big exporters can grow sales. Lower costs and steady sales translate into higher profits and dividends. Join us for an evening of cocktails and conversation to explore these opportunities.