European stock markets close lower except for Spain

Germany's DAX 30, France's CAC 40 end in negative territory despite posting all-time highs during sessions

By Ovunc Kutlu

ANKARA (AA) - European stock markets closed lower on Tuesday, excepting Spain's IBEX 35.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 0.9 point, or 0.19%, to close at 482.71.

London's FTSE 100 was down 26 points, or 0.36%, closing at 7,274.

Germany's DAX 30 fell 6 points, or 0.04%, to 16,040 despite earlier reaching a record high of 16,104.13 points.

France's CAC 40 lost 4 points, or 0.06%, to close at 7,043 after it hit a fresh all-time high of 7,079.58 points during the day.

Italy's FTSE MIB 30 was the worst performer of the day, plummeting almost 270 points, or 0.97%, to end the day at 27,441.

Spain's IBEX 35 was the only gainer of the day, rising 4 points, or 0.05%, to close at 9,074.

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