Low profits and technological losses drive down European stocks from a six-week high

The European stock market fell on Monday from its highest level in six weeks due to industrial and technological losses and disappointing results announced by some companies and negatively affected investor confidence. The biggest weekly increase in about five weeks. The German DAX index closed down 0.5%
The fall of US stocks on Wall Street opened European traders to avoid risks until the end of the session.
Heinken fell 6.5%, leading the decline, After the world's second largest beer maker announced lower-than-expected profits for the first half of the year and reduced his forecast for the full year
French Air Liquid fell 2.5 percent, leading the losers in the ACC, After announcing a disappointing operating result for For the first half, the shares Siemens group fell 0.4%, the medical imaging equipment manufacturing unit fell by 2% after announcing a 10% decline in net profit due to the strong dollar.
Deutsche Bank fell 2.9% after the German bank said it had transferred a large part of its euro clearing activities from London to Frankfurt.