European shares led lower by miners, Credit Suisse outperforms

miércoles 23 de marzo de 2016 11:50 GYT
 

* Miners lead sectoral fallers as metal prices fall

* Credit Suisse outperforms banks on new cost-cutting plans

* Poste Italiane, Kingfisher rise after earning updates

* William Hill slumps after warning of lower profits (ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report. Adds details, updates prices)

By Sudip Kar-Gupta and Danilo Masoni

LONDON/MILAN, March 23 (Reuters) - European shares slipped on Wednesday, after a dip in the previous session following deadly attacks in Brussels, with miners leading the decline on weaker metal prices.

Credit Suisse outperformed its sector on news the Swiss bank was cutting costs further.

The pan-European FTSEurofirst 300 index fell 0.5 percent to 1,331.8 points at 1534 GMT, while the euro zone's blue-chip Euro STOXX 50 index dropped 0.7 percent.

The STOXX Europe 600 Basic Resources Index fell 2.9 percent, topping sectoral fallers, as metal prices declined after the dollar strengthened on hawkish comments from U.S. Federal Reserve policymakers.   Continuación...