Europe Stocks Mostly Lower; London Closed

European stock markets opened mostly lower on Monday, with oil, drug and banking companies leading the decline.

Weighing on volumes, London markets were closed for a bank holiday. The Stoxx Europe 600 index was flat at 267.82, with Total SA down 0.7% and Sanofi SA nearly 1% lower.

The French CAC 40 index fell 0.4% to 3,420.24, dragged by those blue chips, but Renault SA rose 1%. The German DAX 30 index fell 0.2% to 6,955.87, led by a 0.5% drop for Allianz SE .

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