12:12 PM EDT, 08/12/2024 (MT Newswires) -- European stock markets closed mixed in Monday trading as the Stoxx Europe 600 slipped 0.02%, the Swiss Market Index gained 0.07%, France's CAC fell 0.26%, the FTSE in London increased 0.52%, and Germany's DAX nudged 0.02% higher.

In Germany, wholesale sales prices were 0.1% lower in July than a year earlier, according to the Federal Statistical Office. Compared with the previous month, wholesale prices rose 0.3%. Meanwhile, the HCOB Germany Manufacturing PMI Export Conditions Index declined to 49.9 from 50.8 in June, which is its lowest reading since January's 49.3.

In Ireland, the headline seasonally adjusted BNP Paribas Real Estate Ireland Construction Total Activity Index rose to 49.9 in July from 47.5 in June. Housing activity increased for the fifth straight month, and at its fasted rate since April, while commercial activity was relatively unchanged after June's sharp decline.

In corporate news, Turkey lifted its ban on Meta's Instagram Saturday after the social media platform agreed to address the Turkish government's concerns. Turkey blocked access to Instagram on Aug. 2 citing non-compliance with local laws and sensitivities, including issues related to posts about the assassination of Hamas leader Ismail Haniyeh.

Meta did not immediately respond to MT Newswires' request for comment.

BT Group said Monday that India-based conglomerate Bharti Global has agreed to acquire 24.5% of the UK telecoms giant's issued share capital from telecommunications company Altice UK. Shares of BT closed 8.4% higher in Monday trading in London.

And shares of British retailer JD Sports Fashion closed 4.1% lower in London after Deutsche Bank lowered its rating to "sell" from "hold," according to media reports.