JCDecaux falls further decline in European stock markets

LONDON (Reuters) - European shares eased on Wednesday, with the advertising group JC Decaux between the values of underperformance, after some weak results dragged the market after two days of gains.

The European FTSEurofirst 300 pan-European index STOXX 600 and left 0.4 percent.

JC Decaux fell 8.5 percent after a weak outlook for the second quarter provoke several investment banks to cut back its rating and target price on the market.

However, shares of the Norwegian publisher Schibsted advanced 8.4 percent after the company reported an operating profit in the first quarter above expectations.

The FTSEurofirst 300 index is down 8 percent so far this year, by affecting markets worldwide concerns about the global economic slowdown led by China.