German and Swiss markets underperform flat European bourses
* FTSEurofirst 300 falls 0.2 pct to 1,330.12 points
* German DAX and Swiss SMI equity indexes underperform
* Some relief over BES rescue deal
* But euro zone Sentix index fell in August
By Sudip Kar-Gupta
LONDON, Aug 4 (Reuters) - A drop in the German and Swiss stock exchanges weighed on European shares on Monday, as the economic impact of sanctions against Russia offset some relief over a Banco Espirito Santo rescue deal.
The latest Sentix survey showed an unexpected slide in euro zone sentiment in July as investors saw the latest European Union sanctions on Moscow weighing particularly on Europe's largest economy, Germany.
Western powers stepped up sanctions against Russia after a Malaysian passenger plane was shot down last month over eastern Ukraine where Kiev's forces are fighting pro-Russian separatists.
Adidas issued a profit warning last week, blaming its exposure to a weak Russian market, and brokerage Berenberg cut its rating on the sportswear company to "hold" from "buy". Continuación...