European stocks slip as downbeat China data dents risk appetite

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)

May 2 (Reuters) - European stocks fell in thin trade on Monday, pressured by heavyweights such as Mercedes-Benz trading ex-dividend, while data that signalled a steeper pace of contraction in China's factory activity also dampened risk appetite.

The pan-European STOXX 600 index .STOXX was down 0.8%, as of 0714 GMT, set to snap a three-day session of gains, although trading volumes were likely thinned by a UK bank holiday.

Ex-dividend factors weighed heavily on the STOXX 600, with automaker Mercedes-Benz MBDn.DE , healthcare company Bayer BAYGn.DE , auto parts maker Continental CONG.DE and chemical group BASF BASFn.DE all losing their payout attraction.

Data showed China's factory activity contracted more than feared in April as widespread COVID-19 lockdowns halted industrial production and disrupted supply chains, raising fears of a sharp economic slowdown in the second quarter.

Among single stocks, wind turbine maker Vestas VWS.CO dropped 4% after it slashed its full-year operating profit margin outlook due to the war in Ukraine and writedowns in its offshore business.

German real estate group Adler Group SA ADJ.DE slumped 44.1% to a record low as it said all members of its board of directors had offered to resign with immediate effect, after an auditor declined to give an opinion on the company's financial statements.

Reporting by Sruthi Shankar in Bengaluru; Editing by Sherry Jacob-Phillips

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。


本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。