Europe shares mixed

European shares were mixed in morning trade on Wednesday, with investors taking cues from weak US markets in the previous session and looking ahead to Thursday's European Central Bank (ECB) meeting. The pan-European Euro Stoxx 600 Index edged lower with technology stocks the biggest laggard. Orange fell to the bottom of benchmarks with the operator trading lower by 2.6 per cent on the news that the French government has sold their 1.9 per cent stake in the firm. Shares of UK supermarket chain J Sainsbury slipped by 0.5 per cent, after opening higher, with the company announcing a sales drop in its fiscal second quarter. It highlighted that the shoppers are making more frequent visits but spending less during each trip. Meanwhile, Adidas shares climbed 3.6 per cent after the sports clothing company said it planned to buy back 1.5 billion euros ($1.89 billion) worth of its own shares. The shares helped the German DAX to trade slightly higher after opening Wednesday's session lower, according to cnbc.com