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European shares hit by China weakness in luxury drink sales
date:Apr 18, 2014
rs.

Although it has only just started, European earnings season has been weak so far. Sixty 60 percent of companies that have reported results have missed expectations, Thomson Reuters StarMine data showed.

The FTSEurofirst 300 fell 0.2 percent to 1,320.16, retracing some of the previous session's 1.2 percent gain and remaining hemmed in recent ranges. The euro zone Euro STOXX 50 fell 0.3 percent.

The FTSEurofirst 300 had surged on Wednesday after Chinese growth came in ahead of expectations.

12/25 06:37