European shares seen down

European shares were expected to extend the previous session's losses on Tuesday, mirroring weaker equities in the United States and Asia, with a further drop in oil prices to a five-year low seen hurting energy stocks. Financial spreadbetters predicted Britain's FTSE 100 to open 24 to 25 points lower, or down 0.4 per cent; Germany's DAX to fall 48 to 49 points, or 0.5 per cent; and France's CAC 40 to drop 18 to 19 points, or 0.4 per cent, on Tuesday. The FTSEurofirst 300 index of top European shares closed 0.7 Per cent lower at 1,395.44 points in the previous session, having surged 1.8 Per cent on Friday, according to Reuters.