LONDON, Aug 10 (Reuters) - European shares slipped in early deals on Thursday, extending losses as shares in cyclical sectors fell and some large firms went ex-dividend, while earnings spurred some large individual company moves.
The pan-European STOXX 600 index was down 0.2 percent as basic resources and banks fell, while euro zone blue chips also declined 0.2 percent.
Britain's FTSE 100 dropped 0.6 percent as heavyweights Anglo American (LSE: AAL.L - news) , BT Group (Other OTC: BTGOF - news) , Rio Tinto (Hanover: CRA1.HA - news) and Lloyds fell after going ex-dividend, while Germany's DAX retreated 0.1 percent.
While rising political tensions between the U.S. and North Korea hit risky assets globally in the previous session, with financials leading losses amongst European equities, results were the dominant focus on Thursday.
Shares in staffing firm Adecco (Swiss: ADEN.VX - news) , Lanxess (Amsterdam: LX6.AS - news) and oil and gas group OMV (IOB: 0MKH.IL - news) were among the biggest fallers, dropping 3.6 percent to 4.8 percent following their second-quarter earnings.
Around 70 percent of MSCI Europe firms have reported second quarter earnings so far, of which more than 60 percent have either met or beaten analysts' expectations, according to Thomson Reuters (Dusseldorf: TOC.DU - news) data.
Financials and the energy and materials sectors have seen the biggest beats, while industrials have had the biggest misses.
Telecoms company SFR was up 9.7 percent after Altice (Other OTC: ATSVF - news) raised its stake in the firm to more than 95 percent and said that it was planning a full buyout offer for remaining shares.
(Reporting by Kit Rees; editing by John Stonestreet)