Miners and luxury weigh on STOXX after weak China data
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MINERS AND LUXURY WEIGH ON STOXX AFTER WEAK CHINA DATA
The STOXX 600 .STOXX is down 0.2%, weighed on by miners and luxury stocks following some weak trade figures out of China, meanwhile autos and healthcare are the best off sectors.
Miners Antofagasta ANTO.L and Glencore GLEN.L are down between 2.2%-2.3%.
At the bottom of the index though is UK equipment rental firm Ashtead .AHT.L, dropping 10.7% after saying on Tuesday it expects annual profit to come in below its previous expectations and announcing it would shift its primary listing to the United States.
Westfield mall owner Unibail-Rodamo-Westfield URW.PA shares are at the bottom of France's CAC 40, off 2.7% after a shareholder sold shares in a secondary ABB.
German software company Teamviewer TMV.DE shares are off 10% after it said it has signed a deal to buy London-based IT firm 1E for an enterprise value of $720 million.
On the flipside, Germany-based supplier of pharmaceutical and laboratory equipment Sartorius SATG_p.DE is up 4.3% after post-close news on Monday that Michael Grosse will become its new CEO.
Wood Group WG.L and Firstgroup FGP.L are topping the FTSE 350, up 3.5% apiece.
(Lucy Raitano)
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FOR TUESDAY'S OTHER LIVE MARKETS POSTS:
EUROPE BEFORE THE BELL: CHINA TRADE FIGURES TEMPER EXCITEMENT CLICK HERE
CHINA POLICY TALK LIFTS STOCKS BUT BONDS BALK CLICK HERE
China's bond rally points to growth worries https://tmsnrt.rs/3BpzDPN
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