LONDON Aug 21 European equities edged lower in
early trading on Thursday, with miners slipping after a
disappointing manufacturing survey from China, the world's
biggest metals consumer.
The STOXX Europe 600 Basic Resources index fell 0.8
percent, the biggest sectoral decliner in Europe, after the
HSBC/Markit Flash China Manufacturing Purchasing Managers' Index
(PMI) fell to 50.3 in August from July's 18-month high of 51.7,
badly missing a Reuters forecast of 51.5.
Miners Rio Tinto, BHP Billiton and
Antofagasta dropped 0.7 to 1.6 percent.
The FTSEurofirst 300 index of top European shares
fell 0.1 percent to 1,345.18 points by 0712 GMT.
However, Austria's Raiffeisen Bank International
rose 5.1 percent after saying it expected "no significant
impact" from western sanctions against Russia over the crisis in
Ukraine, underscoring its commitment to its single most
(Reporting by Atul Prakash; Editing by Sudip Kar-Gupta)