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July 24 (Reuters) - European shares opened lower on

Wednesday, dampened by luxury stocks after dour results from the

world's biggest luxury group LVMH weighed on sentiment and as a

raft of lacklustre corporate earnings added to the sombre mood.

The pan-European STOXX 600 index was down 0.6% at

512.3 points, as of 0720 GMT, led by a 2% slump in personal and

household goods sector.

Shares of LVMH fell 5.5% after the world's biggest

luxury group missed estimates for second-quarter sales as

Chinese shoppers reined in their spending habits.

The French benchmark CAC 40 index, which houses the

retail giant, lost 1.2% and underperformed among regional

bourses.

Technology shares shed 0.8%, led by a 4.7% fall in

Temenos after the Swiss banking software firm lowered

its annual outlook, citing an impact of short-seller Hindenburg

Research's report on its half-year performance.

Across the Atlantic, dismal results from U.S. tech giants

Tesla and Alphabet also dented sentiment.

Among other corporate updates, Deutsche Bank lost

7.7% after Germany's largest lender posted its first loss in

four years in the second quarter.