Anyone knows about free open source directory listing app like Yahoo ?
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There are many such scripts around . You might start with http://www.hotscripts.com/PHP/Scripts_and_Programs/Link_Indexing/index.html,and see if there is anything there you like.
Also, the "one-click" Joomla! CMS software includes a "link manager" that may well meet your needs.
There are so many different programsw available to do this, you really just need to explore a little and find the one that best meets your needs.
If it's just for you, the local WebFTP (Net2FTP) does a pretty decent job.
What functions were you looking for? Heck, just omitting an index.html will give you a directory listing as long as you don't have a .htaccess entry that prohibits it.