Doha: European stocks closed lower Monday after a volatile session as investors assessed a mixed set of earnings and awaited the outcome of ongoing trade negotiations between the United States and the European Union (EU). The pan-European Stoxx 600 index closed down 0.1 percent, as declines in healthcare stocks such as Roche and Novo Nordisk offset gains in mining companies.

According to Qatar News Agency, Stellantis announced Monday it expects a net loss of EUR 2.3 billion ($2.68 billion) for the first half of 2025, as the automaker faces the dual challenge of developing its products while also dealing with the impact of US tariffs. Shares in automakers experienced fluctuation throughout the day before closing up around 1.5 percent.

Ryanair shares surged 5.7 percent following the report of a more than doubled quarterly profit, buoying investor confidence. Shares in other airlines, including Lufthansa and easyJet, also saw increases of about 1 percent each. Delivery Hero experienced its largest one-day jump in over a year, climbing more than 16 percent.

Shares in mining companies such as Glencore, Anglo American, and Antofagasta rose between 3 and 5 percent. This upward movement tracked a rise in industrial metals prices after China pledged to stabilize its industrial growth and created hopes for further stimulus.