Germany's DAX leads European share sell-off on heightened Ukraine jitters

viernes 15 de agosto de 2014 12:51 GYT

* FTSEurofirst 300 down 0.5 pct

* Russia-exposed DAX leads regional fallers

* BHP up on spin-off prospects; miners buck weak trend

By Tricia Wright

LONDON, Aug 15 (Reuters) - European shares sharply reversed earlier gains to end in negative territory on Friday, led down by the Russia-exposed DAX index, on news of a Ukrainian attack on a Russian convoy.

Ukraine said its forces had attacked and partly destroyed a Russian armoured column that entered Ukrainian territory overnight, a firefight which, if confirmed, would mark a dramatic worsening of the conflict.

Equities had been underpinned most of the session by expectations for a continuation of ultra-loose monetary policy after poor U.S. and euro zone data.

But the news of the clash saw the FTSEurofirst 300, up almost 1 percent earlier on Friday, drop 0.5 percent to 1,323.10 points. Germany's DAX, dominated by firms heavily dependent on Russian energy, sank 1.4 percent.

Some fund managers were avoiding equities, for now.   Continuación...