LONDON, Feb 14 (Reuters) - European equities edged lower on
Thursday, knocked by weaker than expected French and German
gross domestic product readings, although a string of upbeat
corporate reports helped to limit losses.
The French and German economies both shrunk more than
expected in the final quarter of 2012, with the latter hit by
falling exports, data showed on Thursday, signalling a deeper
recession for the euro zone as a whole.
"This is major data, so it's dampening sentiment," said
Anita Paluch, sales trader at Gekko Capital Markets.
"It is kind of disappointing that Germany, which had shown
so much resilience is now showing signs of suffering from the
The German DAX, the French CAC 40 and the
EuroSTOXX 50 all traded 0.1 percent lower by 0804
GMT. The broad FTSEurofirst 300 was flat, pausing after
two straight sessions of gains.