Tech stocks weigh on European shares, BP jumps on dividend boost

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By 0710 GMT, the region-wide STOXX 600 index slipped 0.1% after hitting a record high in the previous session. Asian stocks were also mostly lower as the Delta variant spread in key markets. [MKTS/GLOB]

Chinese officials took aim at video game producers once again, knocking shares of Dutch firm Prosus (OTC:PROSF), which has a stake in Chinese tech giant Tencent, by 5.0%.

Tech stocks were the biggest drag after German chipmaker Infineon (OTC:IFNNY) Technologies fell 4.7% as it said it was battling extreme tightness in its markets.

Oil major BP rose 3.5% as it lifted its dividend and ramped up share buybacks after second-quarter profit rose to $2.8 billion.

Carmaker Stellantis climbed up 3.9% after it raised its full-year target on its adjusted operating profit margin.