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Europe: Shares slip after poor Chinese factory data

Tuesday, March 24, 2015 - 16:14

EUROSTOCKSREUTERS.jpg
European stock markets rose at the start of trading on Monday, with London's benchmark FTSE 100 index gaining 0.43 per cent to 6,579.08 points.

[PARIS] European shares fell in early trade on Tuesday, adding to the previous session's retreat after data showed Chinese factory activity unexpectedly skidded to an 11-month low, signalling weakness in the world's second biggest economy.

At 0804 GMT, the FTSEurofirst 300 index of top European shares was down 0.4 per cent at 1,593.80 points, after losing 0.7 per cent on Monday.

In the eurozone, data showed France's private sector expanded for the second straight month in March, chiming with recent data that shows the eurozone's second-largest economy is edging back to growth.

REUTERS

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