LONDON – European stock markets traded lower on Monday after Chinese data out over the weekend added to worries about slowing growth in the country. The Stoxx Europe 600 index was slightly lower at 322.46, after closing out January with the biggest monthly loss since June on Friday. Topping the list of advancers, shares of Ryanair Holdings PLC rallied 6.1% after the budget airliner confirmed its full-year guidance. On a more downbeat note, shares of Lloyds Banking Group PLC dropped 1.9% after the bank said it would set aside more money to cover mis-sold payment protection insurance. The bank also said underlying 2013 earnings would be ahead of market expectations. Among country-specific indexes, the U.K.'s FTSE 100 index was slightly lower at 6,508.41 and Germany's DAX 30 index slipped 0.2% to 9,292.79. France's CAC 40 index traded 0.2% lower at 4,158.48.
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