By Carla Mozee, MarketWatch

LONDON (MarketWatch) -- Here are some of the European companies whose shares have made notable moves on Friday:

A.P. Moller-Maersk AS rose 1.5% as the Danish conglomerate was upgraded to overweight from neutral at J.P. Morgan Cazenove.

BHP Billiton Ltd. shares climbed 2.3%, as the world's largest mining company by market value said it favors spinning off a range of assets to focus more on commodities such as iron ore. Such a move could create a separately listed company valued at more than $8 billion.

Carillion PLC fell 2.6% after Balfour Beatty PLC again rejected the takeover offer from its rival in the construction sector.

Deutsche Lufthansa AG gained 1.9% on the possibility that a surcharge on air travel may be revoked by the German government.

Hennes & Mauritz AB tacked on 1.6% following a 17% rise in total July sales at the Swedish fashion retailer, known for its H&M stores.

On the indexes, the Stoxx Europe 600 index rose 0.7% to 333.43, and was on track for a 2.6% weekly rise.

The German DAX 30 index added 0.9% to 9,308.56 and France's CAC 40 advanced 1% to 4,247.55. The U.K.'s FTSE 100 rose 0.7% to 6,733.13. Also read: BHP lifts FTSE 100.

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