European shares retreat from 3-month highs after China wobble

viernes 27 de noviembre de 2015 11:07 GYT

* FTSEurofirst 300 down 0.15 percent

* Miners lead fallers after China profits miss

* Bets on ECB action support the market

* Altice bounces after winning EPL rights

By Alistair Smout

LONDON, Nov 27 (Reuters) - A leading European share index retreated from a three-month high on Friday, hit by a drop in the mining sector after a slump in Chinese equities which was triggered by weak data and a regulatory crackdown.

However, anticipation of further stimulus measures from the European Central Bank (ECB) next week helped to cushion the market.

The FTSEurofirst 300 was down 0.15 percent at 1,514.92 points by 1448 GMT, after posting its highest close since August on Thursday.

Mining stocks declined 2.7 percent, the top sectoral faller. China, the world's biggest consumer of metals, saw stocks slide over 5 percent after a fresh regulatory crackdown and deteriorating industrial profits data.   Continuación...