LONDON (Reuters) - European stocks fell for a second straight session on Wednesday, with commodities-related shares coming under further selling pressure as prices of copper and crude oil slipped.
The FTSEurofirst 300 index (FTEU3) of top European shares fell 0.6 percent in early dealings after closing 1.3 percent weaker in the previous session.
The STOXX Europe 600 Basic Resources index (SXPP) dropped 3.4 percent, the top sectoral decliner, after prices of copper fell as concerns about the demand for the metal in top consumer China resurfaced.
The European oil and gas index (SXEP) also fell 1.5 percent, tracking a decline in crude oil prices which were impacted after top exporter Saudi Arabia ruled out production cuts and industry data showed a further build in U.S. crude stockpiles. [O/R]
Shares in Anglo American (L:AAL), Glencore (L:GLEN), BHP Billiton (L:BLT), BP (L:BP) and Royal Dutch Shell (L:RDSa) were down 1.3 to 5.4 percent.
However, Wolters Kluwer (AS:WLSNc) rose 5.4 percent, the top gainer in the FTSEurofirst 300 index, after the Dutch business information and publishing company reported slightly better-than-expected results as growth in North America and Asia Pacific offset weakness in Europe.