European shares fall after business surveys disappoint

April 23, 2015 8:35 AM

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LONDON, April 23 (Reuters) - European shares gave up early gains on Thursday after a survey showed growth in Germany's private sector slowed and French business activity barely grew in April.

Another survey showing factory activity in China, the world's largest metals consumer, contracted at its fastest pace in a year in April, hit mining stocks in particular. The STOXX Europe 600 Basic resources index fell 1.4 percent.

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