European shares slip, Santander slumps 10 pct

viernes 9 de enero de 2015 05:19 GYT

* FTSEurofirst 300 down 0.3 pct

* Santander slides after cap hike announcement, dividend cut

* U.S. non-farm payrolls data eyed

* German exports fall sharply, industrial output declines

* Euro trading near fresh nine-yr lows versus dollar

By Lionel Laurent

LONDON, Jan 9 (Reuters) - European shares snapped a two-day winning streak on Friday, ahead of key U.S. non-farm payrolls data, with Spain's Banco Santander sliding over 10 percent after unveiling a capital hike and dividend cut.

The euro zone's biggest bank by market value announced the quick-fire share sale late on Thursday and sold 1.2 billion shares at 6.18 euros apiece, at the bottom of the indicated price range and a 10-percent discount to its last closing share price.

The selling pressure dragged Spain's benchmark IBEX index down 2 percent, heavily underperforming the pan-European FTSEurofirst 300 index which was down 0.2 percent at 0856 GMT.   Continuación...