ped in early trade on Wednesday, ending a sharp two-day rally, Reuters reported. At 0730 GMT, the FTSEurofirst 300 index of top European shares was flat, at 1,347.05 points after gaining 1.8 percent in the past two sessions, while the UK's FTSE 100 index , Germany's DAX index and France's CAC 40 .FCHI were all down 0.1 percent. The euro zone's blue-chip Euro STOXX 50 index was down 0.1 percent at 3,087.89 points. The FTSEurofirst 300 - which had tumbled 7 percent between late June and early August - has recovered nearly half of the slide, with the index testing the 50 percent Fibonacci retracement level on Wednesday, at 1,348.11 points.