European markets close negative, retreat from weekly gains

Italy's FTSE MIB 30 posts largest decline by 0.83%

By Ovunc Kutlu

ANKARA (AA) – All major indices in Europe closed in negative territory on Monday, retreating from their gains last week.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 2.35 points, or 0.5%, to close at 467.04 after the index rose 2.64% last week.

London's FTSE 100 decreased 30 points, or 0.42%, to 7,203, while Germany's DAX 30 lost 112 points, or 0.72%, to 15,474. Last week, the indices added 1.95% and 2.5%, respectively.

France's CAC 40 fell 54 points, or 0.81%, to close at 6,673 points, while it was up 2.55% last week.

Italy's FTSE MIB 30 showed the largest decline of the day by plummeting 220 points, or 0.83%, to 26,268. Borsa Italiana rose 1.68% last week.

Spain's IBEX 35 lost 61, or 0.68%, to end at 8,936. Last week, the index increased 0.46%.

Kaynak: