European shares trade near 5-year high

European shares increased on Friday with the stock-index futures rising near the highest level in five years after the government data showed that China's economic growth expanded for the first time in a three-quarter period. Euro Stoxx 50 Index futures with delivery in December gained 0.5% to 3,019 as of 7:11 a.m. London time and the U.K.'s FTSE 100 Index jumped 0.7%.