European shares extend losses on recovery fears

LONDON, Sept 29 Wed Sep 29, 2010 4:27am EDT

LONDON, Sept 29 (Reuters) - European shares extended losses on Wednesday on investor fears about the global economic recovery, led by Hennes & Mauritz (HMb.ST) after it posted forecast-lagging quarterly profits.

By 0823 GMT, the pan-European FTSEurofirst 300 .FTEU3 index of top shares was down 0.3 percent at 1,067.08 points. (Reporting by Joanne Frearson; editing by Simon Jessop)

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