London-Sana
European shares opened lower today, with mining and luxury stocks falling.
Reuters reported that the pan-European Stoxx 600 index fell 0.5% after a series of gains that extended for four consecutive weeks.
Shares of European mining companies exposed to China fell 0.6 percent, and shares of luxury goods companies, including (LVMH), Kring, Pernod Ricard and Hermes International fell between 0.7 percent and 1.6 percent.
On the bright side, Swedish Match rose 0.7 percent after Philip Morris International Inc. announced that it would go ahead with a $16 billion deal to buy its Swedish counterpart.
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