European markets close mixed, France posts new record

By Ovunc Kutlu

ANKARA (AA) - European stock markets closed mixed on Monday, retreating from their gains last week, but France's CAC 40 posted a new record.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, gained 0.17 points, or 0.04%, to close at 483.61. The index rose 1.6% last week.

London's FTSE 100 was down 3.56 points, or 0.05%, closing at 7,300. Last week, it had a gain of 0.9%.

Germany's DAX 30 fell 7.84 points, or 0.05%, to 16,046. Last week it rose 2.3%.

Italy's FTSE MIB 30 fell 84 points, or 0.31%, to end the day at 27,711. Borsa Italiana was the best performer last week, gaining 3.4%.

Spain's IBEX 35 declined 59 points, or 0.65%, to close at 9,070. The index last week was up 0.8%.

France's CAC 40, on the other hand, rose 6.69 points, or 0.1%, to close at 7,047 after it hit a fresh all-time high of 7,067.10 points during the day. It had a gain of 3.1% last week.​​​​​​​