The European equities like the FTSE,CAC and DAX ended up lower
The European equities like the FTSE , CAC and DAX ended up lower after gains in the past two sessions, with data showing the pace of business expansion moderating in China prompting investors to trade cautiously. Energy shares featured among the top decliners as crude oil prices fell 0.4 percent ahead of the weekly US oil inventory data.Koen De Leus, strategist at KBC Securities, in Brussels said: "Trading volumes are quite low, so I will not read too much in these moves. A fall in HSBC's China Purchasing Managers' Index probably has caused a little bit of worry of some slowdown in China and prompted investors take some money off the table."
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