FRANKFURT, Nov 3 (Reuters) - European stocks extended losses on Monday afternoon, led by Germany's Volkswagen (VOWG.DE: Quote, Profile, Research, Stock Buzz) after Deutsche Boerse cut the company's weight in the blue chip DAX .GDAXI index and Vodafone (VOD.L: Quote, Profile, Research, Stock Buzz).
At 1357 GMT, the pan-European FTSEurofirst 300 index was down 0.7 percent at 922.27 points, having risen earlier by as much as 1 percent.
Vodafone shed 5.9 percent after a source familiar with the situation told Reuters that the company was calling analysts to collate consensus numbers ahead of its next set of results, following traders cited a rumour it was guiding lower.
Volkswagen fell 15.7 percent, while Daimler (DAIGn.DE: Quote, Profile, Research, Stock Buzz) was down 2.2 percent.
Barclays (BARC.L: Quote, Profile, Research, Stock Buzz) was one of the notable laggards in the banking sector, down 6.1 percent on continued concern over the cost of its 7.3 billion pound cash injection. (Reporting by Tyler Sitte)
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