European shares drop, led lower by mining and travel stocks

miércoles 1 de junio de 2016 04:37 GYT

(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 for more details)

* FTSEurofirst 300, STOXX 600 down 0.4 pct

* Miners fall after mixed China PMI

* France leads tourism stocks lower after travel alert

* German PMI gives DAX a boost

By Alistair Smout

LONDON, June 1 (Reuters) - European shares fell on Wednesday, hit by a drop in commodity stocks and banks, while the travel sector was under pressure after the U.S. issued a travel alert over the possibility of attacks in Europe this summer.

The FTSEurofirst 300 and STOXX Europe 600 both fell 0.4 percent, extending falls from Tuesday's 0.8 percent drop.

The top sectoral faller was the STOXX 600 Basic Resources index, which fell 2.3 percent. Mining companies led the sector lower after official and private surveys on China's manufacturing activity, which suggested the world's second-largest economy is still struggling to regain traction.   Continuación...