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European stocks closed lower Thursday after the European Central Bank held interest rates steady and said it expected the euro zone to suffer a smaller recession than it had feared.

The pan-European Stoxx 600 provisionally closed down by over 0.5%, with mining stocks falling 1.5% to lead losses. Autos and travel and leisure shares bucked the trend, up around 0.6% and 0.7% respectively.

Games Workshop shares rallied nearly 12% after an upbeat three-month trading update, while at the other end of the European blue-chip index, supermarket chain WM Morrison slid almost 5% after reporting a 25.3% fall in first-half profit.

Reference: CNBC