European shares slip on mixed earnings

Healthcare group Uniphar shed 3.64 per cent to €2.91 despite a statement saying it had traded in line with expectations in the first six months of this year.

NatWest shares finished 3.76 per cent lower at 241.8 pence sterling. Lloyds – which earlier reported a reported a half-year pretax profit of £3.9 billion – slipped 1.66 per cent to 45.33p while Standard Chartered closed almost 1 per cent lower at 711.4p. Mining giant, Rio Tinto, shed 3 per cent to close at 5,229p after reporting a fall in first-half profits to $5.7 billion from $8.63 billion.Slow US demand for its designer handbags sent shares in Louis Vuitton Moet Hennessy shares plunging 5.15 per cent to €810.

Source: News Formal (newsformal.com)

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