European stocks close in red as exchanges begin new week with losses

ISTANBUL

European stocks closed Monday in the red as major exchanges started the new week with losses.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, fell 2.22 points, or 0.48%, to finish at 459.93.

The UK's FTSE 100 lost 7.29 points, or 0.1%, to end the session at around 7,600. Germany's DAX 30 shed 87 points, or 0.54%, to 15,963.

France's CAC 40 was the worst performer of the day, falling 69 points, or 0.96%, to close at 7,200.

Italy's FTSE MIB, meanwhile, plummeted 211 points, or 0.78%, to 26,856.

Spain's IBEX 35 trimmed 28 points, or 0.3%, to end at 9,289.