European stock exchanges close with losses

European stock exchanges close with losses

Italy's FTSE MIB performs worst, losing 1.33%

By Ovunc Kutlu

ISTANBUL (AA) - Stock exchanges in Europe closed with losses Tuesday.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 5.1 points, or 0.97%, to close at 519.84.

The UK's FTSE 100 lost 65 points, or 0.78%, to end the day at 8,298. Germany's DAX shed 183 points, or 0.97%, to 18,747.

France's CAC 40 decreased 71 points, or 0.93%, to wrap the session up at 7,575.

Italy's FTSE MIB was the worst performer of the day, losing 457 points, or 1.33%, to finish the day at 33,863.

Spain's IBEX 35, meanwhile, declined 116 points, or 1.02%, to close at 11,279.

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