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July 19 (Reuters) - European shares fell on Friday and
were set for weekly losses, hurt by lower commodity prices and
as a rout in global technology shares extended, while investors
assessed more earnings updates.
The pan-European STOXX 600 index fell 0.6% by 0715
GMT, slipping to a more than two-week low, amid a broader
selloff across sectors.
Travel and leisure shares led the losses with a 2.5%
drop, driven by declines in Evolution after it
maintained its full year guidance, while miners were
down 1.8% on lower commodity prices due to the lack of Chinese
stimulus measures.
German shares were down 0.6% after producer prices
in the regions largest economy fell by 1.6% on the year in June,
in line with analysts' expectations in a Reuters poll.
Sartorius was down 13.6% after the pharmaceutical
equipment supplier cut its full-year guidance.
On the flip side, Danske Bank ( DNSKF ), Denmark's biggest
lender, surged 6.2% as it beat second-quarter net profit
expectations, helped by strong credit quality and higher net
interest income and announced an interim dividend for
shareholders.
Electrolux climbed 6.9% after the world's
second-biggest appliances maker posted a quarterly operating
profit above estimates, helped by cost cutting.
(Reporting by Shubham Batra; Editing by Mrigank Dhaniwala)