BUZZ-European mining shares worst performers as selloff gathers pace

Mon Sep 12, 2016 4:32am EDT
 
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** Stoxx Europe 600 Basic Resources down 3.6 pct, worst performing sector in Europe, as cyclical stocks bear the brunt of global equities selloff, index at its lowest since late-July

** Blue-chips BHP Billiton, Glencore, Anglo American, Rio Tinto, Antofagasta down 3.6-5.5 pct

** Worst day for BHP since May, as stock near bottom of Stoxx Europe 600 Basic Resources

** Midcap miners down 4-5.1 pct; Centamin, Hochschild Mining, Vedanta Resources, Evraz dominate FTSE midcap losers

** Steel company ArcelorMittal among worst performing stock on Stoxx Europe 600 Basic Resources, -c.4.4 pct

** Metals and mining shares, along with other cyclicals such as banks and materials, among the biggest beneficiaries in the rebound since Brexit lows as investors loaded up on bargains (Reuters Messaging: pranav.kiran@thomsonreuters.com@reuters.net)