BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - German stocks were subdued on Monday after official data showed the country's industrial orders fell more than expected in August on weaker domestic demand, underscoring concerns of a looming recession.
Factory orders decreased 0.6 percent sequentially, with demand for capital goods down 1.6 percent, the Economy Ministry said.
Meanwhile, Eurozone Sentix investor confidence dropped to -16.8 in October from -11.1 in September. That missed expectation of -13.0.
The German DAX was down 16 points, or 0.13 percent, at 11,997 after rising 0.7 percent on Friday.
Osram shares slumped 4 percent after Austrian chipmaker AMS said that its takeover bid for the German lighting group had failed.
Dialog Semiconductor dropped half a percent after it signed a definitive agreement to acquire Creative Chips GmbH, a supplier of Integrated Circuits to the Industrial Internet of Things market.
Bayer advanced 1.6 percent. The company said a pending U.S. lawsuit over claims related to glyphosate-based herbicide Roundup has been delayed until further notice.
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