LONDON (The Deal) -- European stocks were mixed on Wednesday, with London markets moving lower on disappointing economic news and corporate worries. Markit Economics' purchasing mangers' gauge of the U.K. manufacturing sector unexpectedly declined in September, with the research group suggesting weakness among Britain's eurozone trading partners is weighing on the stronger British economy. The same index for the eurozone also declined. Must Read: Warren Buffett's Top 10 Dividend Stocks The FTSE 100 in London was down 0.42% at 6,594.74 . In Frankfurt the DAX edged up 0.08% to 9,481.91 and in Paris the CAC 40 declined 0.39% to 4,399.74. In London, Tesco pared earlier losses to trade down close to 3% by mid-morning after it disclosed that the Financial Conduct Authority will begin an investigation following the grocer's shock disclosure on Sept. 22 that it had overstated an estimate of first-half profit to the tune of 250 million pounds ($405 billion). J Sainsbury , Tesco's nearest listed rival, lost close to 4% after it ruled out a return to same-store sales growth for the rest of the year after posting three straight quarters of declining same store sales.. In the mining sector, African Mineralsa regained ground after tumbling on Tuesday on funding concerns. But fellow Sierra Leone-focused miner London Mining , which is in talks about securing rescue financing, declined another 22% on Wednesday, the third consecutive dramatic fall after it warned on Monday that a hoped-for cash injection from an unnamed investor would significantly dilute equity investors. Exploration and production company Afren gained almost 5% after it said an independent review being conducted by Willkie Farr & Gallagher (UK) LLP has so far discovered "no evidence of further unauthorized payments" after the company in late July suspended its CEO and CFO for alleged misdeeds. In Paris, Orangea fell 2.6% as state investor Bpifrance sold shares in the telecom. Shares in Nexans tumbled more than 8% after the cable maker said full-year revenue would be flat and operating profit static after third-quarter sales decline by an estimated 4%. Recently listed French catering company Elior rose almost 2% after announcing the purchase of a business catering company serving London's financial district and the sale of its stake in a Chilean joint venture. In Frankfurt, where the market has been buoyed by IPO enthusiasm, online fashion retailer Zalando advanced as much as 12% on its trading debut before paring gains. Sporting goods maker Adidasa rose about 3.6% after announcing plans to return up to 1.5 billion euros to shareholders. The Hong Kong market, which has been rocked by fears of a government clampdown on pro-democracy protesters, was closed on Wednesday. It tumbled 1.28% on Tuesday. In Japan, the Nikkei 225 closed down 0.56% at 16,082.25. Must Read: 10 Stocks George Soros Is Buying
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