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Aug 26 (Reuters) - European shares were subdued on
Monday ahead of a raft of key economic data this week.
The pan-European STOXX 600 index was flat at 518.22
by 0708 GMT. The benchmark touched its highest level in more
than three weeks on Friday and logged gains for the third
straight week.
Switzerland's non-farm payrolls rose 1.3% for the second
quarter, according tot data on Monday, while German business
sentiment data is expected at 0800 GMT, and detailed GDP figures
for Europe's largest economy are due on Tuesday.
Eurozone industrial and economic sentiment, Spanish flash
consumer prices, German retail sales, and preliminary consumer
prices are also expected this week.
The week will conclude with Eurozone flash figures, French
and Italian preliminary consumer prices, German employment data,
and personal consumption expenditure figures from the U.S.
On the day, the technology sector was the biggest
drag on the STOXX 600, declining 0.4%, but losses were offset by
a 0.5% gain in real estate stocks.
Among individual stocks, P/F Bakkafrost ( BKFKF ) fell 2.5%
after the Faroese salmon farming firm missed estimates for
second-quarter revenue.
London markets are closed for a holiday.