(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
April 20 (Reuters) - European shares edged lower on
Thursday following a mixed bag of earnings on Wall Street, while
investors awaited more economic data from the euro zone and
corporate results to assess the strength of the region.
The pan-European STOXX 600 index was down 0.2%,
with utilities and automobile shares dragging
the index, falling 1.2% and 2.1%, respectively.
However, bank shares rose 1.0%, limiting losses.
Investors will keep a close eye on consumer confidence data,
due at 1400 GMT, which is expected to show a slight improvement
in consumers' expectations of the economic conditions in the
region in April compared to a month ago.
On earnings front, Sartorius AG dropped 11.0%
after the Franco-German lab equipment maker reported a decline
in Q1 2023 sales revenue and earnings.
Sweden's AB Volvo rose 1% as the truck maker
lifted its outlook for key heavy-duty truck markets in Europe
and North America this year on Thursday.
German producer prices rose less than expected in March.
Producer prices of industrial products were up 7.5%
year-on-year, compared to a Reuters poll that had indicated a
rise of 9.8%.
(Reporting by Shubham Batra in Bengaluru; Editing by Varun H
K)
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