CORRECTION-European shares fall led by utilities, real estate; Tesco soars

miércoles 5 de octubre de 2016 05:01 GYT
 

(Corrects spelling of trader's name in sixth paragraph.)

* STOXX 600 down 0.7 pct; index is down 6 pct this year

* Utilities, real estate lead fallers

* Deutsche Bank's rebounds further in positive bank sector

* Tesco hits highest in over a year on strong earnings

By Danilo Masoni

MILAN, Oct 5 (Reuters) - European shares fell on Wednesday on concern the European Central Bank might reduce the pace of bond buying before its purchase programme ends, hitting utilities and real estate stocks hardest.

The STOXX 600 was down 0.7 percent by 0815 GMT, with all sectors but financials in the red, and following a rise of 0.8 percent in the previous session. The pan-European index is down around 6 percent so far this year.

British retailer Tesco soared on a well-received earnings update.   Continuación...