Renewed Ukraine jitters spark profit-taking in European shares

jueves 28 de agosto de 2014 12:29 GYT

(Updates with closing levels)

* FTSEurofirst 300 down 0.6 pct, Euro STOXX 50 down 0.9 pct

* Poroshenko says Russian forces brought into Ukraine

* ING IM 'overweight' German stocks, citing valuation, euro

* Mining shares drop as iron ore prices sink

By Blaise Robinson

PARIS, Aug 28 (Reuters) - European stocks tumbled on Thursday as renewed worries over turmoil in Ukraine prompted investors to cash in some gains following a more than two-week rally.

The sell-off accelerated around midday after Ukrainian President Petro Poroshenko said Russian forces had entered Ukraine and the military conflict was worsening after Russian-backed separatists swept into a key town in the east and threatened other areas.

The FTSEurofirst 300 index of top European shares ended 0.6 percent lower at 1,369.33 points. The benchmark index had surged 6.3 percent since a low hit on Aug 8.   Continuación...