European stocks declined as investors assessed earnings reports and valuations after the Stoxx 600 Europe Index capped its longest winning streak since March.
Auto-related shares fell the most on the Stoxx 600, with Volkswagen AG slipping 1.1 percent after data from the European Automobile Manufacturers’ Association showedits share of the European market contracted to a five-year low. Anheuser-Busch InBev NV led food and beverage companies higher, rising 2 percent after agreeing to create a fund that will support the South African beer industry and protect jobs in the country to help seal approval for its proposed takeover of SABMiller Plc, which added 1.2 percent.
Read More :Â http://www.bloomberg.com/news/articles/2016-04-15/europe-shares-little-changed-as-investors-assess-earnings-china
Source: Bloomberg (15 April 2016)