European markets close mostly lower despite industrial output rises

ANKARA

European stock markets closed mixed on Tuesday, despite industrial production showing an increase on an annual basis.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 3.97, or 0.84%, to 469.56 points.

London's FTSE 100 lost 12 points, or 0.18%, to end at 7,218, while France's CAC 40 was off 47 points, or 0.69%, to 6,895.

Germany's DAX 30 was the worst performer of the day, plummeting 168 points, or 1.08%, to 15,453.

Italy's FTSE MIB 30, on the other hand, gained 5 points, or 0.02%, to end the day at 26,556.

Spain's IBEX 35 also climbed 55 points, or 0.67%, to close at 8,378.

Eurozone industrial production rose 3.3% on an annual basis in October, according to figures released by the EU’s statistical authority earlier Tuesday.

Industrial production in the EU27 was also up 3.6% year-on-year, Eurostat data showed.