European shares led lower by Germany's DAX, sensitive to Ukraine crisis

lunes 21 de julio de 2014 04:22 GYT
 

* FTSEurofirst 300 down 0.5 pct, Euro STOXX 50 falls 0.8 pct

* Donetsk clashes peg risk-sensitive shares back

* Wall Street-led rally quickly fades

* Tesco boosted by CEO resignation

By Alistair Smout

EDINBURGH, July 21 (Reuters) - European stocks fell on Monday, hit by a drop in German stocks as sensitivity to tension in Ukraine mounted.

German blue chip stocks underperformed, with the DAX down 0.4 percent, as fighting erupted in the rebel-held city of Donetsk.

Risk-sensitive shares in the travel and leisure and autos and parts sectors, both down 1 percent, have been under pressure since Thursday, after the Malaysian passenger plane was shot down over Ukraine.

Some in the West are calling for a new series of sanctions against Russia, seeing the latter as ultimately complicit in the downing of the jet. Washnigton has been tougher than the European Union so far.   Continuación...