Tech stocks weigh on European shares

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European shares opened lower on Thursday, mirroring the downbeat mood in Asian markets, as tech stocks weighed on the benchmark, although a raft of upbeat...

- European shares opened lower on Thursday, mirroring the downbeat mood in Asian markets, as tech stocks weighed on the benchmark, although a raft of upbeat corporate updates kept losses in check.Basic resources fell the most among sectors, down 1.5%, as copper prices were subdued due to higher inventories and a pessimistic global growth outlook. Allianz gained 1% after the company posted a better-than-expected 7.

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