European markets close lower, giving previous session's gains

ANKARA

European stock exchanges closed lower on Thursday, giving up gains on the previous session.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 7.33 points, or 1.69%, to close at 427.12 points.

London's FTSE 100 decreased 91 points, or 1.27%, to finish at 7,099.

Germany's DAX 30 lost 405 points, or 2.93%, to end the day at 13,442, while France's CAC 40 was down 180 points, or 2.83%, to 6,207.

Italy's FTSE MIB was the worst performer of the day, plummeting 1,002 points, or 4.2%, to close at 22,886.

Spain's IBEX 35 declined 93 points, or 1.15%, to 8,069.