London--Europe's main stock markets closed mixed Monday as investors digested poor Chinese trade data that signalled fresh weakness in the world's second-biggest economy, dealers said.
London's benchmark FTSE 100 index dipped 0.36 percent to close at 7,064.30 points, while Frankfurt's DAX 30 index was down 0.29 percent to 12,338.73 points.
The CAC 40 in Paris however rose 0.26 percent to 5,254.12 points.
In foreign exchange, the European single currency fell to $1.0583 from $1.0599 late in New York on Friday.
China's customs administration said exports fell by a surprising 15 percent year-on-year in March, while imports tumbled 12.7 percent, in the latest data showing the Asian powerhouse economy is struggling.
The news weighed on the mining and resources sector in Europe, because China is a major consumer of raw materials.
In London, BHP Billiton's share price tumbled 3.25 percent to 1,416.00 pence.
Anglo American dived 2.28 percent to 998.70 pence, Antofagasta dropped 2.50 percent to 722.00 pence and Rio Tinto shed 0.81 percent to 2,814.00 pence.
"Beijing's brutal trade figures have sparked a sell-off in the mineral-related stocks, and the overnight announcement from China has set the pace for the growth figures that are due out later this week," said IG analyst David Madden.
"The collapse in China's trade balance on the month was so dramatic it left some traders wondering whether the figures were accurate, and other dealers viewed the dreadful numbers as a sign for further stimulus."
Before the weekend, European equities hit record highs on Friday as a weaker single currency boosted companies' exports from the eurozone, dealers said.
Wall Street meanwhile was trading in positive territory as a heavy week of earnings and economic data got under way.
The Dow Jones Industrial Average was up 0.13 percent in midday trade, while the broad-based S&P 500 gained 0.19 percent. The tech-rich Nasdaq Composite Index advanced 0.51 percent.
AFP
