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UK's FTSE 100 was subdued on Monday, as gains in energy firms outpaced losses in mining stocks, after weak Chinese economic data rekindled slowing demand concerns, while real estate stocks slumped on a bearish call from HSBC.
By 0718 GMT, the blue-chip FTSE 100 was flat, while the more domestically-focussed FTSE 250 midcap index fell 0.4%.
Industrial metal miners lost 0.8%, tracking a fall in most base metal prices.
Top metals consumer China's producer prices fell at their fastest pace in over seven years in June, while consumer prices teetered on the edge of deflation.
China-exposed insurer Prudential fell 1.2%.
A bearish note from HSBC on UK real estate weighed on the sector, pushing down the real estate investment trusts (REITs) 1.2% and real estate 1.1%.
Heavyweight energy stocks added 0.8%. (Reporting by Shashwat Chauhan in Bengaluru; Editing by Dhanya Ann Thoppil)