European stocks close higher, except for Italy, Spain

Italy’s FTSE MIB declines 0.3%, Spain’s IBEX 35 falls 0.79%

By Ovunc Kutlu

ISTANBUL (AA) – European stocks closed higher on Monday, except for the stock exchanges of Italy and Spain.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was up almost 0.25 point, or 0.05%, to close at 466.89.

The UK’s FTSE 100 increased almost 39 points, or 0.5%, to finish the session at 7,870.

Germany’s DAX 30 added 121 points, or 0.77%, to reach 15,922. France’s CAC 40 gained seven points, or 0.1%, to hit 7,491.

Italy’s FTSE MIB, on the other hand, decreased 80 points, or 0.3%, to 27,077 at the final bell.

Spain’s IBEX 35, meanwhile, fell 73 points, or 0.79%, to close at 9,241.

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