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European stocks end below record high as mining losses offset tech rally

European stocks closed flat on Tuesday, as a billion-dollar German property deal and a rally in technology shares were offset by losses in major mining stocks due to concerns over Chinese markets.

What s behind Lehigh Hanson s divestment of its west region assets?

Eurostoxx 50 : European stocks end below record high as mining losses offset tech rally

Message : Required fields (Reuters) -European stocks closed flat on Tuesday, as a billion-dollar German property deal and a rally in technology shares were offset by losses in major mining stocks due to concerns over Chinese markets. The pan-European STOXX 600 index ended largely unchanged at 445.20 points, after hitting a record high of 447.15 earlier in the day. Germany s DAX rose 0.2%, having hit a record high earlier in the day on news that Europe s largest residential property group Vonovia SE agreed to take over its rival Deutsche Wohnen for about 18 billion euros ($22 billion). Deutsche Wohnen surged 15.7%, the most on the STOXX 600, while Vonovia fell 6.1%. Europe s wider real estate index added 0.4%, briefly touching a one-year high.

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