Shares of European banks and basic materials companies rose Thursday, boosted by US bank stress tests and a weaker US dollar respectively, but key regional benchmarks failed to follow them higher, MarketWatch reports.

The Stoxx Europe 600 slipped 0.1% to 385.31, giving up a gain of 0.5% at the open of trading. The financial and basic materials were the best performing sectors, but the utility, industrials, consumer goods and services, and healthcare groups struggled.