European equity rally stutters after poor Chinese data

lunes 13 de abril de 2015 12:25 GYT
 

(Updates prices at settle)

* FTSEurofirst 300 up 0.1 pct, pauses after last week's gains

* Miners fall after China data, Citi downgrade

* M&A speculation boosts Nokia, Alcatel, Smurfit Kappa

* TGS sinks after sales warning

By Francesco Canepa and Blaise Robinson

LONDON/PARIS, April 13 (Reuters) - European shares stalled on Monday after a recent rally as poor Chinese trade figures knocked mining shares, although mergers and acquisition activity helped keep pan-European indexes afloat.

Nokia rose 2.5 percent as brokers talked up a possible sale of its maps unit.

The FTSEurofirst 300 index of top European shares closed 0.1 percent higher at 1,647.14 points, taking a breather after a 3.7 percent jump last week.   Continuación...