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Europe open: Shares mixed as traders eye Asia data

Mon 17 August 2026 08:01 | A A A

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(Sharecast News) - European shares opened mixed to flat on Monday as investors eyed weak data out of China and Japan.

The pan-regional Stoxx 600 was up 0.26% to 659 at 0830 BST. Germany's DAX, Italy's MIB and the UK's FTSE 100 both made gains in early deals, while France and Spain barely moved the needle.

On the economics front, Japan's economy expanded by 1.1% in the second quarter on an annualised basis, missing expectations for 2% growth.

In China, a data dump revealed retail sales grew in July by a meagre 0.6% year on year, missing estimates of 1.5%.

Urban fixed-asset investment, including real estate and infrastructure, contracted by a worse-than-expected 6.7% while investment in real estate fell 19.2% in the first seven months of 2026.

Industrial output also missed estimates of 4.8% growth in July, coming in at 4.5%.

In equity news, Accelleron Industries jumped on a 'buy' rating from Berenberg from a 'hold', while ArgenX also surged following positive late-stage trial results for its autoimmune myositis drug.

Reporting by Frank Prenesti for Sharecast.com

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