European shares dipped in choppy trade on Monday as a poor update from Reckitt Benckiser hit consumer staples.
Shares in Tenaris, Outokumpu and Arcelor Mittal- which have facilities in the United States-were the biggest gainers in Europe, up between 1.7 and 3.1 per cent.
The pan-European benchmark index was dragged lower by a fall in consumer staple stocks. The index was down 0.1 per cent by 0930 GMT, reports Reuters.
The index needs to rise another six percent to climb back to the 2-1/2 year peak hit at the end of January.
Reckitt Benckiser shares Lysol disinfectant and Mucinex cold medicine, fell 5.4 per cent. Shares in Unilever, Diageo, Nestle and Danone also declined.
Bank shares were among the leading gainers, up 0.4 per cent.
German industrial giant Siemens rose one per cent after announcing plans to list its healthcare division in the first half of the year.
Mercedes maker Daimler was a weak spot, down 1.7 per cent.
