European stock markets closed without a clearly defined direction today, after days of serious market volatility against the background of the situation in the banking sector in the US and Europe, reports BTA.

London's FTSE 100 closed up 12.48 points, or 0.17 percent, at 7,484.25.

In Frankfurt, the DAX rose 14.34 points, or 0.09 percent, to 15,142.02.

European stock markets opened higher amid hopes for market stabilization

The Paris CAC 40 added 10.07 points, or 0.14 percent, to 7,088.34 points.

In Milan, the FTSE MIB rose 122.79 points, or 0.47 percent, to 26,329.46.

The pan-European Stoxx 600 index closed flat, with banking shares up 0.7 percent on average.

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