AlQa'dah 11, 1436, Aug 26, 2015, SPA -- European shares fell on Wednesday, tracking similar declines in other global markets due to persistent concerns over China's economy, with bank and mining stocks underperforming, Reuters reported. The pan-European FTSEurofirst 300 index, which had risen 4.3 percent on Tuesday, fell 2.6 percent while the euro zone's blue-chip Euro STOXX 50 index fell by a similar amount. The FTSEurofirst had suffered its worst one-day loss since November 2008 on Monday, but then rallied back on Tuesday after a Chinese rate cut briefly halted a stock market slump in the country. However, investors said they remained worried by signs of a Chinese economic slowdown and by deflationary pressures resulting from Beijing's devaluation of its currency earlier in August.
