Europe shares rise after better-than-expected PMIs

April 1, 2015 8:19 AM

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PARIS, April 1 (Reuters) - European shares reversed early losses and rose on Wednesday, starting the new quarter on a positive note, helped by data showing manufacturing activity across the euro zone accelerated faster than previously thought last month.

Markit's final March manufacturing Purchasing Managers' Index (PMI) was at a 10-month high of 52.2, beating a preliminary reading of 51.9, adding to signs the bloc's economy is recovering.

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