European shares treaded water as worrying comments on Germany's industrial and services sectors curbed optimism stemming from China's encouraging factory output and retails sales data.

In Dublin the ISEQ was 27 points (0.4%) higher by the close of business, ending at 6,322.

Shares in Flutter Entertainment rose 3.6% to €77.76, while shares in Glanbia were up 3.3% to €14.34. Shares in CPL Resources were 3% lower at €6.50, while shares in AIB fell 2.4% to €3.63.

In London the FTSE was 26 points (0.3%) higher by the end of trading at 7,532, while the CAC in Paris was up five points (0.1%) to 5,578. Meanwhile the DAX in Frankfurt was up 68 points (0.5%) to 12,374.

Meanwhile in the US the Dow Jones was 32 points (0.1%) lower at 27,299 by early afternoon there, with the Nasdaq one point lower at 7,941.

Earlier in Asian trade, the Hang Seng index in Hong Kong rose 83 points (0.3%) to finish at 28,555 as data showing another slowdown in Chinese economic growth fuelled speculation the government would introduce fresh stimulus measures. Markets in Tokyo are closed for the Marine Day holiday today.