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European stocks fall on weak Chinese data; Pandora shares down 6%

The pan-European Stoxx 600 was down around 0.6 percent during lunchtime deals, with almost all sectors and major bourses in negative territory. Denmark's Pandora slumped towards the bottom of the European benchmark on Monday, after Morgan Stanley slashed its price target for the company. European markets were lower Monday afternoon, after a shock contraction in Chinese exports heightened fears of a slowdown in global growth.