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Oct 1 (Reuters) - European shares were flat on Tuesday,
after closing 1% lower in the previous session, while investors
braced for a key inflation figure for the region due later in
the day.
The pan-European STOXX 600 held its ground at
522.97 by 0710 GMT, after it logged its worst day in over one
week on Monday.
Tech stocks were the biggest boost to the index,
gaining 0.5%.
Energy stocks were the biggest weight, dragged by a
near 5% decline in Neste Oyj ( NTOIF )
Eurozone's flash PMI figures for September are due at 0900
GMT, while manufacturing PMIs for the bloc as well as Germany,
France, Italy and Britain are set to drop within the first hour
of trading.
Speeches by European Central Bank's Vice President Luis de
Guindos and ECB's policymaker Olli Rehn are also awaited.
Among individual stock moves, Covestro ( CVVTF ) jumped 4%
after Abu Dhabi National Oil Company (ADNOC) said it has agreed
to buy German chemicals producer for 14.7 billion euros ($16.4
billion).
Anheuser-Busch InBev gained 2.6% after Citigroup
upgraded the rating on the Budweiser brewer to "buy" from
"neutral".