Europe stocks hit low but stage recovery

European shares hit their lowest in two weeks yesterday, as data showing the German and Japanese economies contracting in the third quarter fuelled worries about global growth amid a plunge in oil prices. Stock image

European shares hit their lowest in two weeks yesterday, as data showing the German and Japanese economies contracting in the third quarter fuelled worries about global growth amid a plunge in oil prices.

But they regained ground later, with most indices in the black by mid-afternoon.