Telecom stocks trip as European shares dip

jueves 31 de marzo de 2016 04:30 GYT

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report for more details)

* FTSEurofirst 300 down around 1 pct

* Markets retreat after Yellen-inspired gains on Wednesday

* Orange, Bouygues to extend talks - shares slip

* Italian bank stocks also fall

By Sudip Kar-Gupta

LONDON, March 31 (Reuters) - European shares fell on Thursday, retreating after solid gains made in the previous session following dovish comments from the head of the U.S. Federal Reserve, while French telecom stocks underperformed.

The pan-European FTSEurofirst 300 index slid 1.1 percent. The index had risen 1.3 percent in the previous session after Federal Reserve Chair Janet Yellen's call for caution in raising U.S. interest rates buoyed global stock markets.

French telecom stocks were among the worst performers after Orange and Bouygues extended negotiations on a possible sale of Bouygues Telecom until Sunday, citing a lack of progress ahead of a Thursday deadline.   Continuación...