European stocks fell on Wednesday, as investors received a series of mixed financial results reports from the region, with losses increased by weakness in energy stocks amid falling crude oil prices.

Stock movements

The European STOXX 600 index fell 0.1 percent by 07:11 GMT.

Shares in French luxury goods group Kering fell by four percent after announcing a larger-than-expected decline in third-quarter sales.

Investors also received reports on the business results of giant technology companies in the United States.

Alphabet shares, listed on the Frankfurt Stock Exchange, fell 6.5 percent after the owner of Google recorded lower-than-expected revenues, while Microsoft shares rose 3 percent after quarterly sales exceeded expectations.

Among the stocks that also recorded gains was Deutsche Bank, which jumped five percent after third-quarter revenues exceeded expectations.

Sweden's SEB Bank shares fell 2 percent despite third-quarter operating profits exceeding expectations.

Shares of energy companies fell 0.4 percent as crude oil prices fell amid fears of a slowdown in European demand.