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A ten-day run of gains for European stocks came to a halt on Monday following a surprise slowdown in China's economic indicators, with commodity-linked stocks falling the most.
The pan-European STOXX 600 index fell 0.5% in early trading, easing from record levels last week.
stocks and miners fell about 1.5% each, as commodity prices took a hit after Chinese data raised concerns about faltering demand in the world's major consumer of metals and oil.
Data showed China's factory output and retail sales growth slowed sharply and missed expectations in July as new COVID-19 outbreaks and floods disrupted business operations.
In individual stocks, French car parts supplier Faurecia SE jumped 6.5% after it agreed to acquire a majority stake in German automotive lighting group Hella, trumping rival bidders with a 6.7 billion euros deal.
Hella, whose shares hit a record high last week on anticipation of a deal, slipped 1.9%.
Lufthansa fell 4.4% after a German finance agency said it plans to sell up to a quarter of its 20% stake in the airline over the next few weeks.
The pan-European STOXX 600 index fell 0.5% in early trading, easing from record levels last week.
stocks and miners fell about 1.5% each, as commodity prices took a hit after Chinese data raised concerns about faltering demand in the world's major consumer of metals and oil.
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Stock score of Oil India Ltd moved up by 3 in an year on a 10-point scale.
View Latest Stock Report »Data showed China's factory output and retail sales growth slowed sharply and missed expectations in July as new COVID-19 outbreaks and floods disrupted business operations.
In individual stocks, French car parts supplier Faurecia SE jumped 6.5% after it agreed to acquire a majority stake in German automotive lighting group Hella, trumping rival bidders with a 6.7 billion euros deal.
Hella, whose shares hit a record high last week on anticipation of a deal, slipped 1.9%.
Lufthansa fell 4.4% after a German finance agency said it plans to sell up to a quarter of its 20% stake in the airline over the next few weeks.
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