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July 30 (Reuters) - European shares slipped on Tuesday asgrim forecasts from German giants Bayer and Lufthansa souredsentiment, while a battered pound helped London's blue-chipindex outperform for a second day.
Bayer slipped 4.4% as it became the latestagricultural supplies company to be affected by flooded farms inthe United States and by trade disputes, saying its full-yearearnings target has become harder to reach.
Taking other airlines down with it, Germany's Lufthansadropped 3.5% after posting a decline in second-quarterearnings and saying that the European market was likely toremain challenging this year.
A GfK survey also showed German consumer morale worseningfor the third month in a row heading into August as tradedisputes and a global economic slowdown bit in Europe's biggestexporter.
Combined, that pushed Germany's main stocks index0.2% lower by 0713 GMT, while the pan-European stocks benchmarkfell 0.2%.
London's blue chip FTSE 100 index touched 11 monthhighs, helped by a 3% jump in shares in energy giant BP.
(Reporting by Susan Mathew in Bengaluru;)
BP (BP.)
