Major stock indices in Europe are falling

In today's mid trading, European stock indices down influenced by stock prices of mining and oil companies.

The composite index of the largest companies in the region Stoxx Europe 600 fell by 0.9% - to 335.82 points.

Stock indices on Monday trading mixed, with Britain's FTSE rose 0.4% to its highest level since August 2015.

Economic data also put presurre on stocks as sentiment in the business environment of the ZEW Institute in Germany and the euro zone declined sharply. The indicator of economic sentiment in Germany fell in July to its lowest level in more than three years, amid Brexit and, consequently, uncertainty for the economy.

The index of sentiment in the business environment from the ZEW Institute in Germany fell to -6.8 from 19.2 in June. The last reading was the lowest since November 2012 and well below the long-term average of 24.3 points.

"Brexit Voting surprised the majority of financial market experts. The uncertainty about the consequences of the vote for the German economy is largely responsible for the significant decline in economic sentiment," said ZEW President Achim Wambach.

"In particular, concerns about export prospects for and stability of the European banking and financial system, probably will fall heavily on the economic outlook."

The index of current conditions survey fell to 49.8 from 54.5. Economists expected the index to be 51.8.

The index of sentiment in the business environment of the ZEW institute in the euro zone decreased by 34.9 points to minus 14.7 points.

The indicator of the current economic situation declined by 2.4 points to minus 12.4 points.

Shares of oil companies are getting cheaper in the course of trading: the price of BP shares fell 0.4%.

The value of Rio Tinto fell 3%. One of the world's largest mining companies increased shipments of iron ore in the second quarter of 2016 by 7% compared with the previous quarter - to 82.2 million tons. The indicator, however, was worse than market expectations.

Shares of other mining companies also cheaper: Glencore's stock price has fallen by 3%, BHP Billiton - by 3.2%.

Shares of Dutch chemical company Akzo Nobel fell by 5%. The company's profit in the second quarter grew by 8.6%, exceeding market expectations. However, Akzo Nobel has warned that the market environment remains uncertain with the difficult conditions in some countries and segments.

Shares of the Swedish rubber products manufacturer Trelleborg fell by 5.6%. Earnings coincided with analysts' expectations, but the company reported an increase in economic uncertainty in connection with the decision of the UK to withdraw from the European Union and has given careful forecast for the future.

At the moment:

FTSE 6667.42 -28.00 -0.42%

DAX 9938.17 -124.96 -1.24%

CAC 4318.07 -39.67 -0.91%