U.K. stocks were little changed, as weakening demand for Chinese manufacturing dragged commodity stocks lower, offsetting a gains in Rolls-Royce Holdings Plc.
Glencore Plc, BHP Billiton Plc and Anglo American Plc dropped at least 3.5 percent after a private gauge of China factories fell to a two-year low in July, adding to signs of a deepening economic slowdown.
Rolls-Royce advanced 5.9 percent after ValueAct Capital Management, the activist fund that amassed 5.4 percent of the automaker, was said to see substantial profit growth potential led by aircraft-engine servicing.
The FTSE 100 Index lost 0.1 percent to 6,668.62 at the close in London. The benchmark posted its biggest monthly gain since April, rallying 2.7 percent in July. The broader FTSE All-Share Index fell 0.1 percent, and Ireland’s ISEQ Index gained 1.8 percent.
A report today also showed U.K. factories saw export demand fall for a fourth month in July, restraining growth in the manufacturing industry.