Europe shares hit two-month low on growth jitters

miércoles 8 de octubre de 2014 10:50 GYT

* FTSEurofirst 300 loses 0.6 pct in volatile session

* Index down 6.3 pct since mid-September

* Ebola fears hurt shares in airlines, travel groups

By Blaise Robinson

PARIS, Oct 8 (Reuters) - European stocks sank on Wednesday, extending their week-long selloff and with a benchmark index hitting its lowest level since mid-August as mounting concern about global economic growth spooked investors.

At 1415 GMT, the FTSEurofirst 300 index of top European shares was down 0.6 percent at 1,321.23 points. The index has lost 6.3 percent over the past three weeks.

Europe's renewed sell-off mirrored overnight losses in Asian and U.S. equities after the IMF cut global growth forecasts.

In the latest evidence of economic malaise, China's services sector growth weakened in September as new business cooled, another sign of a slowdown in the world's second-largest economy. The figures came a day after German industrial output missed forecasts.

"It's concerns over global growth that are weighing on the equity markets," said James Butterfill, global equity strategist at Coutts. "If you look at Europe, there's very weak macroeconomic data. There's weak data coming out of China as well, so it does suggest weaker growth, and markets are perhaps adjusting to that."   Continuación...