Reuters: Hot Stocks: Miners lead Britain's FTSE lower after weak China data

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Miners lead Britain's FTSE lower after weak China data Apr 15th 2013, 07:08 LONDON, April 15 | Mon Apr 15, 2013 3:08am EDT LONDON, April 15 (Reuters) - Britain's top share index was slightly lower early on Monday as disappointing data from China, the world's largest consumer of metals, triggered a selloff in basic resources shares. China's economic recovery unexpectedly slowed in the first quarter, catching some investors by surprise after a recent surge in liquidity in the economy and an uptick in export growth had fuelled expectations of a possible surprise on the upside. Materials shares knocked 12.8 points off the FTSE 100 , which was down 7 points, or 0.1 percent at 0707 GMT. (Reporting By Francesco Canepa)

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