European shares edge lower after dismal France data

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FE Team | Published: September 23, 2019 22:42:30

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European shares edged lower on Monday after weaker-than-expected business activity data from France, the bloc's second-largest economy, while investors remained cautious following mixed signals from US-China trade talks, reports Reuters.
French business activity expanded at a slower than expected pace in September as manufacturing sector growth eased to a near standstill, a survey showed on Monday.
The pan-European STOXX 600 index fell 0.3 per cent. London's FTSE 100 rose 0.1 per cent, helped by a jump in shares of tour operator TUI after the collapse of rival Thomas Cook.
IHS Markit's Composite Final Purchasing Managers' Index (PMI) for Germany is expected at 0730 GMT and the euro zone's at 0800 GMT.