China's COVID protests weigh on European shares
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Nov 28 (Reuters) - European shares fell from three-month highs on Monday, led by declines in energy, retail, and mining stocks, as widespread protests in China against strict COVID-19 curbs sparked a wave of selling in global markets.
The pan-European STOXX 600 index .STOXX slipped 0.5% by 0802 GMT, following sharp declines in Asian stocks.
China posted another record high COVID-19 infections on Monday, after an extraordinary weekend of protests, raising worries about the management of China's zero-COVID policy and its impact on the world's second-largest economy.
European oil stocks .SXEP tumbled 2.0% as crude prices CLc1 LCOc1 shed almost 3%, while sliding metal prices weighed on miners .SXPP , which fell 1.1%.
Other European sectors exposed to China, including automakers .SXAP and luxury, also fell in early deals.
Credit Suisse's shares CSGN.S slipped 0.3% to a fresh record low. The head of its Swiss unit said "some customers have withdrawn some of their money, but very few have actually closed their accounts," in an interview to a local newspaper on Sunday.
Brenntag SE BNRGn.DE fell 7.6% after the German chemicals distributor said it held preliminary discussions for a potential acquisition with U.S. rival Univar Solutions Inc UNVR.N .
Reporting by Sruthi Shankar in Bengaluru; editing by Uttaresh.V
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