*France June Flash Composite PMI 49.4 Vs. 50.9 In May

*France June Flash Services PMI 49.9 Vs. 51.6 In May, Consensus 51.6

Shanghai Composite Index Closes down 0.5 Pct at 2,891.96 Points

Germany's Dax up 0.6 Pct

Italy’s Ftse Mib up 0.5 Percent at 17,404.31 Points in Early Deals