Delivery Hero drops after listing Middle East unit Talabat
UK39;s Ashtead falls on profit warning; proposes US listing
Allianz raises financial targets for next 3 yrs; shares down
STOXX 600 falls 0.3

Dec 10 Reuters European shares snapped an eightsession winning run on Tuesday, hurt by losses in miners, as the rally sparked by China stimulus pledges tapered off after its weak trade data, while the focus is now on U.S. inflation data.

The panEuropean STOXX 600 index was down 0.3, with the UK39;s benchmark FTSE 100, down 0.5, falling the most among European peers.

The UK39;s Ashtead fell nearly 10 after the equipment rental firm said it would shift its primary listing to the U.S., its biggest market, from London, and said it expects annual profit to come in below its previous expectations.

Basic resources, down 1.1, dragged the benchmark lower and led the losses among sectors after China39;s trade data pointed to weakening demand, while healthcare and autos were in the green, up 0.4 and 0.2, respectively.

Stocks of luxury companies that earn a substantial amount of their revenue from China, such as LVMH and Kering, lost 1.9 and 1.3 respectively to push France39;s CAC 40 index lower by 0.6.

Germany39;s benchmark DAX index was down 0.1 after domestic inflation remained flat at 2.4 in November, confirming preliminary data.

Investors will now shift their focus to U.S. inflation data, due on Wednesday, that may cement bets for another interest rate cut on Dec. 18….