LONDON ( The Deal) -- European stocks fell on Monday, starting the week and a new month in the red amid a fall in eurozone manufacturing output and as slumping oil prices hit energy stocks.
In London, the FTSE 100 shed 0.73% to 5,573.69 while in Paris the CAC 40 fell 0.50% to 4,368.04. In Frankfurt, the DAX fared the least worst of the main benchmark indices, retreating 0.39% to 9,942.14.
Clouds over Europe's recovery remained dark as the Markit Economics eurozone manufacturing gauge fell from 50.6 in October to 50.1 in November, below its earlier flash estimate of 50.4, with Markit chief economist Chris Williamson warning that "there is a risk that renewed rot is spreading across the region from the core."
Manufacturing also slowed more than forecast in China, whose official November factory index dropped to an eight-month low.
Mining stocks including BHP Billiton (BHP) - Get Report and Anglo American (AAUKY) also fell more than 2% after Swiss voters overwhelmingly rejected a plan that would have required the country's central bank to hold a fifth of its reserves in gold.
Vodafone (VOD) - Get Report slumped 4.6% after Bloomberg News, citing people with knowledge of the matter, reported late Friday that the British phone company is considering a combination with John Malone's Liberty Global (LBTYB) - Get Report .
In Amsterdam, Altice soared 5.45% as investors welcomed the start of exclusive talks between billionaire Patrick Drahi's cable company and Oi SA's Portuguese assets for about 7.4 billion euros.
In Frankfurt, E.ON (EONGY) advanced 4.7%after Germany's largest utility announced plans to break itself up by spinning off its conventional generation, global energy trading, and exploration businesses to focus on renewable energy.
Deutsche Lufthansa (DLAKY) was little changed as investors mainly held onto shares ahead of a 36-hour pilot strike set to begin at noon Monday. The stock was trading up 0.45%.
Asian stocks had a mixed day.
In Tokyo, the Nikkei advanced 0.75% to 17,590 while in Hong Kong the Hang Seng dropped 2.58% to 23,367.45.