Published: Oct 01, 2014
Source: Saudi Press Agency

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European shares edge lower after manufacturing data

European shares edged lower on Wednesday, following mixed data on manufacturing and sales warnings from J Sainsbury and Nexans that fuelled worries over European corporate results, Reuters reported.

At 1021 GMT, the pan-European FTSEurofirst 300 index was down 0.2 percent at 1,377.88 points after data showed German manufacturing activity shrank for the first time in 15 months in September. Overall, manufacturing growth in the euro zone slowed further as new orders contracted for the first time in over a year.

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