European shares pare gains on Monday

Note: This section contains information in English only.
Source: Marketwatch
European equity markets traded higher in the early session on Monday but retreated and erased most of their gains later in the afternoon. The investor sentiment was depressed by concerns over Spanish banks. Therefore major banks across Europe also weighted on stock indices. Stoxx Europe 600 index traded flat, Spanish IBEX 35 plunged 2.2% and German DAX slipped 0.3%. French CAC 40 index shed 0.2% but FTSE 100 managed to end up in positive area, posting a 0.2% gain. 

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