This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ70134_L.jpg
The pan-European STOXX 600 index dipped 0.1% by 0714 GMT, with miners and real estate among the top decliners.
Asia’s factory activity shrank in July, private surveys showed, a sign slowing global growth and weakness in China’s economy were taking a toll on the region’s fragile recovery. Euro zone factory surveys are due later in the day.
Among companies that reported, DHL Group (ETR:DHLn) fell 3% after the freight forwarder reported a slump in quarterly earnings as high inflation, the war in Ukraine and the ongoing energy crisis weighed on consumer demand and freight rates.
In UK, HSBC Holdings (LON:HSBA) climbed 2.1% after the lender raised its key performance target, while BP (LON:BP) gained 2.2% after the energy giant boosted its dividend by 10%.
Fresnillo (LON:FRES) tumbled 8.4% with the miner retaining its 2023 forecast.
