LONDON, April 24: Europe's main stock markets dropped on Tuesday after a weak performance by Wall Street overnight, while among individual share prices British directory publisher Yell dived 21 per cent.
In early afternoon trade, London's FTSE 100 index of leading shares was showing a drop of 0.67 per cent at 6,436.10 points.
In Frankfurt the DAX 30 sank 0.65 per cent to 7,288.42 points, and the Paris CAC 40 index fell 0.30 per cent to 5,899.84.
The euro fell to $1.3575.
In New York, the Dow Jones Industrial Average's record-breaking streak of last week was put on pause Monday as investors awaited key US economic data over coming days, traders said.
Japanese share prices closed flat Tuesday, weighed down by Wall Street's retreat and investor caution ahead of a slew of domestic company results and economic data due this week.
In London, the biggest faller on the FTSE 100 was Yell, which plummeted 21.3 per cent to 482 pence after the publisher warned on its US business outlook owing to increased competition.
Kohlberg Kravis Roberts, which is joined in its bid by the executive deputy chairman of Alliance Boots, Stefano Pessina, raised its offer by 4.5 per cent to 1,139 pence per Alliance Boots share.In Monday afternoon trade, Alliance Boots edged up 0.09 per cent to 1,127.5 pence.—AFP
