** Tobacco and spirits stocks down 1-3 pct after Chinadevalues the yuan following a run of poor economic data
** British American Tobacco, which has a JV withChina National Tobacco Corp, was down 2.2 pct and ImperialTobacco falls 2.4 pct
** China - with over 300 million smokers- is the secondbiggest tobacco market in the world after the U.S
** Spirits makers such as Britain's Diageo fell 1.5pct, SABMiller down 2 pct, Pernod Ricard declines 2.4 pct while Anheuser-Busch InBev ABI.BR> down 2.3pct, hurt by a slowdown in China
** The yuan hit a four-year low after China pushed thecurrency down overnight following Tuesday's devaluation.
** The slump in the yuan has also affected carmakers andEuropean luxury goods stocks, for whom China is an importantexport market
(RM: aastha.agnihotri.thomsonreuters.com@reuters.net)