European markets close lower: Euro Stoxx 50 -0.26%, DAX -0.23%, CAC 40 -0.46%, FTSE 100 -0.1%

European cash markets finished lower: the Euro Stoxx 50 closed down 0.26 percent, the DAX closed down 0.23 percent, the CAC 40 closed down 0.46 percent and the FTSE 100 closed down 0.1 percent. UK volume leaders were Lloyds Banking Group up 1.23 percent, HSBC up 0.89 percent, BP down 0.97 percent, Barclays up 0.66 percent and GSK down 1.42 percent. continental European volume leaders were Nestle down 1.38 percent, Deutsche Telekom down 1.44 percent, SAP down 2.62 percent, UBS unchanged at 0 percent and Novartis down 1.32 percent.