Overvalued Euro shares drag down FTSE

Tate & Lyle made the biggest gains, with shares adding 22 points, or 3.85%, to 594p. Home Retail shares climbed 5 points, or 1.1%, to 460.25p while Centrica shares rose by 1.25 points, or 0.33%, to 385.25p. GlaxoSmithKline followed close behind, up 4 points, or 0.31%, to £13.14 and Drax shares added 2 points, or 0.27%, to 734.5p. Modest gains were offset by some large losses, with Rolls-Royce shares falling by 13 points, or 2.3%, to 551.5p. Kelda shares followed, down 20 points, or 2.23%, to 875p and Reed Elsevier dropped by 15 points, or 2.22%, to 660p. On Wall Street, the Dow Jones...