BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks were subdued on Monday
after three straight sessions of gains.

A cautious undertone prevailed as an attempt on former U.S. President Donald
Trump's life injected fresh uncertainty into an already tumultuous presidential
campaign.

On the positive side, Eurostat data showed industrial production in the euro
area fell less than expected in May.

Seasonally adjusted industrial production decreased by 0.6 percent in the month
while analysts expected a 1.0 percent decline.

The pan European STOXX 600 was down 0.1 percent at 523.40 after climbing 0.9
percent on Friday.

The German DAX slid 0.2 percent, France's CAC 40 shed 0.3 percent and the U.K.'s
FTSE 100 was marginally lower.

China-related LVMH fell 1.7 percent, Hermes International gave up 1 percent and
Kering lost nearly 4 percent after data showed China's economy grew much slower
than expected in the second quarter.

Communications technologist Ericsson fell 2.1 percent after it struck a
multi-year cross-licensing patent agreement with handset vendor Oppo.

Swatch shares plunged nearly 11 percent. The Swiss manufacturer of watches and
jewelry reported a decline in sales for the first half due to a sharp drop in
demand for luxury goods in China.

British online grocer and tech company Ocado plummeted 8.6 percent as broker
Bernstein downgraded the stock to 'underperform'.

ME Group International, a vending machine operator, rose 1.1 percent after
reporting a robust performance for the six months ending 30 April 2024.

Brunner Investment Trust added 1 percent after reporting a rise in half-year
profit.
Robert Walters declined 2.3 percent. The recruitment company has reported a
decline in gross profit over the first half of the year and warned that tough
macro conditions are likely to last longer than expected.

BayWa AG, a trading logistics, and supplementary services provider, plummeted 32
percent after saying it has sought a restructuring opinion in response to a
challenging financing situation.

Medical software firm CompuGroup Medical rose 1.5 percent after reporting its Q2
results.

Nordex Group shares fell 2.7 percent after an update that it has secured 3,357
MW of orders in its Projects segment, excluding service business, in the first
half of 2024.



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