European stocks close lower except for UK, Spain

By Ovunc Kutlu

ISTANBUL (AA) – European stock markets closed lower Monday except for exchanges in the UK and Spain.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was down 0.07 points, or 0.01%, to close flat at 466.84.

Germany’s DAX 30 lost 17 points, or 0.11%, to 15,789. France’s CAC 40, meanwhile, shed 21 points, or 0.28%, to 7,498 at the closing bell.

Italy’s FTSE MIB was the worst performer of the day, plummeting 172 points, or 0.62%, to 27,700.

The UK’s FTSE 100, on the other hand, rose 7 points, or 0.1%, to finish the session at 7,879.

Spain’s IBEX 35 was up 15 points, or 0.17%, to close at 9,378.