European shares drop sharply; traders cite China regulation concerns

April 17, 2015 11:27 AM

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LONDON, April 17 (Reuters) - European shares extended losses on Friday, with traders pointing to weakness in Chinese futures markets as one of the drivers of the fall on a trading day also marked by an outage on Bloomberg financial terminals.

The FTSEurofirst 300 was down 1.3 percent at 1,614.38 points by 1115 GMT. The Frankfurt DAX was down 1.8 percent, with some traders also pointing to the expiry of futures and options on European indexes as a factor exacerbating market volatility.

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