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10/9/2017, 5:37 PM (Source: TeleTrader)
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Europe closes mixed as Catalonia crisis lingers

Stock markets in Europe finished the trading session on Monday on a mixed note as the ongoing political crisis in Spain keeps unfolding, with the country's Prime Minister Mariano Rajoy stating earlier today that his government will "not rule out anything within the law" if Catalonia decides to break away from the kingdom on Tuesday. Meanwhile, the fifth round of Brexit negotiations is scheduled to start this week between the United Kingdom and the European Union.

The FTSE 100 lost 0.20% at the closing bell, with mining companies leading the losses. The DAX finished 0.17% higher, pushed up by the energy sector. Meanwhile in France, the CAC 40 added 0.11% to close the session in the green, led by Kering's shares.

The euro inched up 0.07% against the dollar to go for 1.1740 at 5:33 pm CET. Meanwhile, the pound gained 0.46% versus the US currency, to sell for 1.3128 at 5:33 pm CET.

 

Breaking the News / FH