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European stocks fall in early deals.

Europe Intelligence Wire

| March 24, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Agence France Presse)

European share prices limped lower in early trading as jitters about how long the war in Iraq might drag on put the brakes on the recent rally.

The British FTSE 100 index of leading shares dropped 1.7 percent to 3,794.4 points, the German DAX 30 index lost 2.4 percent to 2,650.4 points and the French CAC 40 index gave up 1.8 percent to 2,839.5 points.

The DJ Euro Stoxx 50 index shed 2.5 percent to 2,192.8 points.

The euro rose to 1.0625 dollars as the dollar recoiled.

World stock markets had soared in the run-up to, and early stages of, the US-led invasion of Iraq amid hopes of a swift war.

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