Europe: Shares trade flat
LONDON: European shares traded flat at midday yesterday after stronger eurozone data failed to offset dampening comments from a US Federal Reserve policymaker.
Shares won limited support from fresh data showing that the eurozone's manufacturing sector was growing at its fastest pace in 27 months.
London's FTSE 100 index slipped 0.20 per cent to stand at 6,583.50 points in midday deals. In the meantime, Frankfurt's DAX 30 eased 0.03 per cent to 8,673.35 points, while Paris' CAC 40 added 0.10 per cent to 4,208.12.
Having hit a session low of 1,258.10, the FTSEurofirst was flat at 1,262.34 by 1009GMT, along with the broader Stoxx 600 at 314.17. Both pared losses after eurozone PMI data added to signs that the economy is healing. Agencies