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European shares flat as Telecom Italia drags eurozone stocks

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European shares were flat on Monday, with the sustained gains in miners on bets of a demand recovery in China countering a fall in Telecom Italia that led the decliners in eurozone stocks.

The basic resources index climbed 1.4% after prices of industrial metals rose on hopes of a recovery in demand from top consumer China and on support from global mining supply disruptions.

 

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