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The pan-European Stoxx 600 index rose slightly, with sectors and major stock markets facing opposite directions.
The banking and insurance sectors in Europe led the gains, driven by the rise of Swedbank to the top of the European benchmark. Shares of the bank gained nearly 6% Tuesday after announcing that the Swedish authorities would not investigate money laundering complaints presented by investor Bill Browder.
At the other end of the hierarchy, Rolls Royce lost nearly 2% after Singapore Airlines stopped two Boeing 787s because their engines, built by the British firm, were worn faster than expected.
French IT services provider Atos also dropped to the bottom of the index after Berenberg lowered its buy recommendation to "sell" to "hold". Shares of the Parisian stock market fell by more than 2%.
The PMI index figures showed that construction activity in the UK slowed for the second consecutive month in March. The European construction and materials sector fell into negative territory on the basis of data. The construction company Balfour Beatty, listed on the London Stock Exchange, lost nearly 1% after the release of the data.
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