European stock exchanges close with losses

European stock exchanges close with losses

Italy's FTSE MIB performs worst, losing 1.12%

By Ovunc Kutlu

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

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 2.75 points, or 0.54%, to close at 507.95.

The UK's FTSE 100 lost 64 points, or 0.78%, to end the day just below 8,206. Germany's DAX also shed 177 points, or 0.96%, to 18,265.

France's CAC 40 decreased by 17 points, or 0.24%, to wrap the session up at 7,407.

Italy's FTSE MIB was the worst performer of the day, losing 377 points, or 1.12%, to finish the day at 33,213.

Spain's IBEX 35, meanwhile, declined 69 points, or 0.61%, to close at 11,203.

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