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European Shares Hit 20-month Lows As Global Selloff Deepens

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European stocks extended losses to hover near 20-month lows on Thursday as concerns about slowing global growth as well as worries over the impact of rising interest rates dented investors' appetite for riskier assets.

The pan-European Stoxx Europe 600 index was down 1.8 percent at 360.33 in late opening deals after losing 1.6 percent the previous day.

The German DAX and France's CAC 40 index were down around 1.5 percent, while the U.K. FTSE 100 dropped 1.7 percent.

Miners Anglo American, Antofagasta and Glencore lost 3-4 percent after base metal prices tumbled in Shanghai and London.

Oil giant BP Plc dropped 2.4 percent and Tullow Oil plunged 4.1 percent as oil prices hit two-week lows.

Recruitment firm Hays Plc plummeted 13 percent as its first-quarter gross profit missed analyst estimates, hurt by a relatively stronger pound against rivals.

Financial services company Hargreaves Lansdown lost 7.3 percent after it warned of an industry-wide slowdown.

Ingenico shares bucked the weak trend to rise more than 9 percent in Paris after Natixis said it is exploring a merger of its payments business with the French financial and payments firm.

Digital security company Gemalto was little changed. The company, which is in deal to be bought by Thales, announced that the companies now expect to close the offer in the first quarter of 2019.

Packaging and paper group Mondi advanced 0.8 percent after it reported a 30 percent rise in Q3 underlying profit.

Dialog Semiconductor soared 24 percent in Frankfurt. The company has reached an agreement with Apple Inc. to license certain of its power management technologies, transfer certain of its assets and over 300 employees to Apple to support chip research and development.

Bayer rallied 4 percent after receiving a tentative ruling for a new trial on the $250 million in punitive damages in U.S. weed-killer case.

In economic releases, France's consumer price inflation eased in September, latest figures revealed, confirming the initial estimates.

The consumer price index rose 2.2 percent year-on-year following a 2.3 percent increase in August, the statistical office INSEE said.

On a month-on-month basis, the CPI dropped 0.2 percent after a 0.5 percent rebound in August.

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