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Auto, oil firms weigh on European shares ahead of ECB
Published at 10/06/2021 at 08:32

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)

June 10 (Reuters) - European stocks inched lower on Thursday as energy and automakers' shares slipped, with investors focused on a European Central Bank meeting later in the day.

The pan-European STOXX 600 index slipped 0.1% by 0713 GMT, snapping a four-day winning streak. Automakers slid nearly 1%, while oil and gas sector shed 0.9%.

Euro zone stocks fell 0.2%, ahead of the ECB policy decision and its projections for economic growth and inflation. The statement is due at 1145 GMT.

UK's FTSE 100 got a boost from a 2.2% jump in BT Group after U.S. firm Altice Group said it had taken a 12.1% stake in Britain's biggest broadband and mobile operator.

French digital music company Believe , which helps to distribute music via deals with platforms such as Spotify and Apple Music, dropped 10.2% in its stock market debut.

(Reporting by Sruthi Shankar in Bengaluru; Editing by Sriraj Kalluvila)

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