MILAN, March 13 European shares were little
changed in early deals on Monday as gains among miners helped
offset weaker energy stocks but investors remained cautious
ahead of this week's Federal Reserve meeting and Dutch
By 0818 GMT, the pan-European STOXX 600 index was
flat. The Basic Resources index was the biggest sectoral
gainer, up 2.3 percent, after copper prices surged on a soft
dollar and supply disruptions.
But gains among materials stocks were offset by a fall in
crude oil prices to three-month lows, which sent energy stocks
lower, as well as by a pull-back in banking stocks.
Among outstanding movers, Amec Foster rallied 17.8
percent, topping gainers on the STOXX, after John Wood Group
made an all-share offer for the UK engineering firm, while
Aryzta slumped 8.6 percent after the Swiss food company
reported a fall in net profit.
(Reporting by Danilo Masoni, Editing by Vikram Subhedar)