FRANKFURT, Jan 27 (Bernama-dpa-AFX) -- The major European markets closed mixed on Monday after a choppy ride, even as most of the other markets in the region posted strong gains, reported dpa-AFX.
Investors assessed geopolitical news, a potential United States (US) government shutdown and President Donald Trump's threat that his administration would impose a 100 per cent tariff on Canada if it strikes a trade deal with China.
The mood in the markets remained a bit cautious, with investors looking ahead to a monetary policy announcement from the Federal Reserve, due on Wednesday.
The pan-European Stoxx 600 climbed 0.2 per cent. The UK's FTSE 100 and Germany's DAX edged up 0.05 per cent and 0.13 per cent, respectively. France's CAC 40 ended down by 0.15 per cent, while Switzerland's SMI edged lower by 0.04 per cent.
Among other markets in Europe, Belgium, the Czech Republic, Denmark, Finland, Greece, Iceland, Norway, Poland, Portugal, Spain, Sweden and Turkey closed higher. The Netherlands and Russia ended weakly, while Ireland closed flat.
In economic news, Germany's Ifo Business Climate Index remained unchanged at 87.6 in January 2026, holding near its lowest level since May 2025 and below market expectations of 88.1.
The Current Conditions index inched up to 85.7 from 85.6, while the Expectations index slipped to 89.5 from 89.7.
--BERNAMA-dpa-AFX
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