Tenaris leads European shares lower after U.S. trade ruling

miércoles 19 de febrero de 2014 11:17 GYT

* FTSEurofirst 300 down 0.1 pct, Euro STOXX 50 down 0.1 pct

* Weak start on Wall St provides no boost for euro shares

* Tenaris, Vallourec pummelled by U.S. import tariff ruling

* Carlsberg, Lafarge shrug off EM hit with strong updates

By Alistair Smout and Joshua Franklin

LONDON, Feb 19 (Reuters) - European shares edged lower on Wednesday, led by Italy's Tenaris as a U.S. tariff ruling hurt the region's steel pipe industry, although buoyant updates from brewer Carlsberg and Lafarge helped limit market losses.

The FTSEurofirst 300 opened slightly higher, but gave away gains as the session went on, unable to mount a recovery as caution ahead of the U.S. Federal Reserve minutes and weak housing data prompted falls in U.S. stocks.

"The weaker housing market data coming out of the U.S. could indicate towards a prolonged slowdown of momentum," Kash Kamal, research analyst at Sucden Financial, said.

"European equities will take the lead from Wall Street and if today's (Fed) meeting minutes fail to provide the necessary reassurance we could see a subsequent pull back."   Continuación...