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European stocks moved sharply lower on Monday, tracking the huge sell-off in Asia overnight on renewed worries over the Chinese economy. Investors digested also monthly factory PMI reports from the euro zone's biggest economies.
Stock markets in Asia were steeply lower on Monday, which forced Chinese authorities to halt trading on the mainland equities for the rest of the day.
Germany's DAX 30 index was 3.49% lower at 10,368.18, while the UK's FTSE 100 index fell 2.09% to 6,112.15. French CAC 40 index lost 2.39% to trade at 4,526.13, while the pan-European Euro Stoxx 50 index decreased 2.73% to 3,178.49.
The German DAX index booked an annual gain of almost 10%, while the CAC 40 index in France rose 8.5%, while the UK's FTSE 100 index closed lower on the year, down by nearly 5%.
