Auto, leisure stocks lead Europe lower; Ukraine clashes sour mood

lunes 21 de julio de 2014 07:21 GYT

* FTSEurofirst 300 down 0.5 pct, Euro STOXX 50 falls 0.7 pct

* Sentiment subdued on reports of Donetsk assault

* Auto stocks lead fallers on emerging market weakness

By Francesco Canepa

LONDON, July 21 (Reuters) - European equity indexes edged lower on Monday, led by auto stocks after poor sales data from France's Peugeot threw the spotlight on existing concerns about demand from emerging markets.

A reported assault by Ukrainian tanks on rebel-held Donetsk - the first major eruption of violence there since a Malaysian airliner was shot down last week - served as a broader dampener on sentiment.

The five-month conflict in Ukraine has added to concerns for European exporters already struggling with unfavourable currency fluctuations.

Peugeot's shares fell 2.8 percent after it said deliveries fell 25.8 percent in Russia, 26.8 percent in Latin America, and 37.2 percent in Africa and the Middle East.

Shares in Fiat and Renault each shed over 1 percent despite encouraging sales figures from Europe's peripheral markets, leaving the STOXX 600 auto & parts index down 0.8 percent as investors positioned for some weak quarterly figures from their emerging market businesses.   Continuación...