European stocks close lower, except in Italy

European stocks close lower, except in Italy

Spain’s IBEX performs worst, diving 1.21%; Italy’s FTSE MIB gains 0.76%

By Ovunc Kutlu

ISTANBUL (AA) - European stocks closed lower Monday, except in Italy.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was down 0.24 points, or 0.05%, to finish at 483.69.

The UK’s FTSE 100 fell 4.68 points, or 0.04%, to 7,612. France’s CAC 40 trimmed 2.3 points, or 0.03%, to 7,589.

Germany’s DAX 30 lost 14 points, or 0.08%, to end the session at 16,904.

Spain’s IBEX 35 was the worst performer of the day, plummeting 121 points, or 1.21%, to 9,941.

Italy’s FTSE MIB, on the other hand, jumped 234 points, or 0.76%, to 30,952 at the final bell.

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