10/2, 5:36 PM (Source: TeleTrader)
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Europe closes lower after data reports

Major European stock indexes closed Monday's session with losses as investors processed the latest economic data from the continent. Manufacturing PMI in the Eurozone declined slightly in September, while the manufacturing sector activity in the UK and Germany saw a modest rise in the same month. In addition, the Eurozone unemployment rate remained unchanged in August.

The DAX closed 0.91% lower, with Fresenius SE decreasing by 3.60%. The CAC 40 fell 0.94%, while Edenred SA slipped 10.96%. The FTSE 100 declined 1.28%, with Beazley PLC ORD 5P shrinking 3.79%. The pan-European Euro Stoxx 50 went down 0.88%, as Compagnie de Saint-Gobain SA plunged 3.82%.

The euro was down by 0.63% against the dollar at 5:29 pm CET, selling for $1.05077. The pound lost 0.51% to go for $1.21425 at the same time.

Baha Breaking News (BBN) / JJ