European shares slip as commodity stocks extend losses
(Adds details, updates prices)
* FTSEurofirst 300 and Euro STOXX fall
* China's weakness still affecting mining stocks
* Actelion up after raising earnings forecast
* Athens index outperforms on stronger banks
By Sudip Kar-Gupta and Danilo Masoni
LONDON/MILAN, Oct 20 (Reuters) - European shares fell on Tuesday after reaching five-week highs the day before, as both energy and mining stocks extended losses caused by weak economic date from China.
The pan-European FTSEurofirst 300 index opened flat, then lost ground to fall 0.48 percent. The euro zone's blue-chip Euro STOXX 50 index < .STOXX50E> fell 0.56 percent.
Traders said shares dropped as investors took profits in the absence of anything to justify extending the recent gains. The focus remains on U.S. earnings and the European Central Bank meeting this week. Continuación...