European shares slipped on Monday, with economically sensitive sectors like miners and industrials leading the losses on worries about the impact of surging COVID-19 cases in China.
The pan-European STOXX 600 index (.STOXX) was down 0.2% by 0811 GMT, after marking its fifth straight weekly gain on Friday.
Asian stocks (.MIAPJ0000PUS) fell 1.3% as investors fretted about the economic fallout from fresh COVID-19 restrictions in China, with Beijing's most populous district urging residents to stay at home as COVID-19 cases rose.
Miners (.SXPP), travel & leisure (.SXTP), and industrial goods and services (.SXNP) fell between 0.5% and 1.4%, leading losses among European sectors.
Defensive sectors such as healthcare (.SXDP) and utilities (.SX6P) rose in early trading.
Julius Baer (BAER.S) slipped 0.5% even as the bank said it was on track to reach its 2022 profitability targets despite "challenging market" conditions taking a big bite out of its assets under management.
