European shares slip; Wienerberger, Carlsberg drop after results

miércoles 17 de agosto de 2016 12:13 GYT

* STOXX 600 falls, stalling after hitting 7-week highs

* European stocks underperform U.S. equity markets (Updates prices at close)

By Sudip Kar-Gupta and Kit Rees

LONDON, Aug 17 (Reuters) - European shares fell on Wednesday, with Austrian brickmaker Wienerberger, brewer Carlsberg and UK insurer Admiral sliding after publishing results.

The pan-European STOXX 600 index, which reached a seven-week high earlier in the week, fell 0.8 percent. The STOXX 600 is down around 7 percent so far in 2016.

Wienerberger was among the worst-performing stocks in Europe, falling 6.2 percent after warning of negative currency impacts from the weakening of sterling following Britain's vote in June to leave the European Union.

Admiral dropped 7.7 percent, down from recent record highs, after saying its solvency ratio had been hit by the shock Brexit referendum.

Carlsberg fell 5.2 percent after reporting half-year results slightly below expectations, although it said it would maintain its 2016 outlook as its cost-cutting strategy shows progress.

On the upside, construction company Balfour Beatty rose 3 percent after resuming its dividend.   Continuación...