European Indices closed red, after it fluctuated during the session between gains and losses, ending rally seen in the past five days, as markets participants are confused between holding on their optimism or not.

The CAC 40 Index shed 1.82 points or 0.5% to close at 3705.87 levels; the DAX Index added 20.51 points or 0.37% to close at 5594.77 levels, the FTSE 100 Index declined 16.82 points or 0.33% to close at 4987.68 levels.