LONDON ( The Deal) -- European stocks were bleeding red again on Friday amid flat eurozone industrial production and a lower forecast for global oil demand in 2015.
The rout took its toll on all benchmark indices, with the FTSE 100 down 1.46% at 6,367.66 in London, the CAC 40 sliding 1.46% to 4,164.07 in Paris and the DAX slumping 1.26% to 9,737.97 in Frankfurt.
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Investors were in a selling mood after the Eurostat statistical agency said that industrial output in the euro area rose by a paltry 0.1% in October, below the 0.2% predicted in a Bloomberg News survey and following September's 0.5% jump.
Energy stocks including BG Group (BRGYY) in London and Technip in Paris were down after the Paris-baed International Energy Agency trimmed its projection for 2015 world oil demand by 230,000 barrels a day to 0.9 million barrels a day. The agency cited lower expectations for the former Soviet Union and other oil-exporting countries.
A couple of nixed deals also weighed on stocks.
Danone (DANOY) fell 1.95% after announcing that it has decided to hold onto its medical nutrition business, shrugging off indicative offers of about 3 billion euros ($3.7 billion) from the likes of Lake Forest, Ill.-based Hospira (HSP) , and a consortium led by Fresenius of Germany.
And in Milan, energy company Eni (ENI) shed 1.41% after nixing plans to sell its 43% stake in oil and gas service provider Saipem because of volatile markets.