European stocks close lower except for Germany

European stocks close lower except for Germany

Germany's DAX gains 0.3%; Italy's FTSE MIB performs worst, plummeting 1.06%

By Ovunc Kutlu

ISTANBUL (AA) – European stock exchanges closed lower on Thursday except for Germany.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 2.22 points, or 0.43%, to finish at 512.59.

Italy's FTSE MIB was the worst performer of the day, plummeting 355 points, or 1.06%, to 33,186.

The UK's FTSE 100 lost 45 points, or 0.55%, to end the session at 8,179. France's CAC 40 declined 78 points, or 1.03%, to close at 7,530.

Spain's IBEX 35, meanwhile, decreased 79 points, or 0.72%, to end the day at 10,951.

Germany's DAX, on the other hand, rose 55 points, or 0.3%, to finish the day at 18,210.

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