European shares stuck in range as Greece future hangs in balance

martes 2 de junio de 2015 03:46 GYT

* FTSEurofirst 300 down 0.3 pct, Greece's ATG down 0.1 pct

* Investors stay on sidelines due to Greece uncertainty

* Wolseley up 1.8 percent after posting sales rise

By Francesco Canepa

LONDON, June 2 (Reuters) - European shares edged lower on Tuesday, keeping within their recent range as investors awaited euro zone inflation data due later in the day and developments out of Greece's negotiations with creditors.

Imperial Tobacco, down nearly 2 percent at 0732 GMT, weighed on the market after the UK group's Canadian subsidiary and two other tobacco companies were sentenced to pay more than C$15 billion ($11.98 billion) in damages to Quebec smokers in two related class action cases.

British plumbing supplies group Wolseley outperformed after it posted a 12.4 percent rise in quarterly revenue, helped by strong performances in all of its key regions. Its shares were up 1.8 percent.

The broader pan-European FTSEurofist 300 index was down 0.3 percent at 1,583.00 points, while Greece's Athex General Composite, which reopened after a three-day weekend, was down 0.1 percent.

The leaders of Germany, France and Greece's international creditor institutions agreed late on Monday to work with "real intensity" in the coming days as they try to clinch a deal in debt negotiations with Athens.   Continuación...