French shares rebound strongly
Inspired by Wall Street's strong Thursday performance, shares on the Paris Bourse rose sharply on Friday, led by banking stocks.
One hour after opening, the benchmark CAC 40 was up 5.56 per cent, to stand at 4,178.06. On Thursday, the CAC 40 had closed at its lowest mark in more than three years.
The robust gain was led by France's largest retail banking group, Credit Agricole, which was up nearly 23 per cent, at 13.99 euros.
Franco-Belgian bank Dexia rose by 20.45 per cent, to 10.33 euros, and Societe General gained 13.54 per cent, to 63.42 euros.
- Login or register to post comments
Print
Email to friend
Related Articles
- French shares rebound due to central banks, Wall Street
- French shares rise on Wall Street showing, capital injections
- Weak Wall Street pulls down French shares
- Paris Bourse resisting Wall Street's downward pull
- French shares limit damage after New York stock debacle
- Wall Street again pulls down French shares
- French shares surge on euro-zone bank rescue plan
- Paris Bourse follows other markets sharply down
Kathleen Sebelius, Secretary of Health and Human Services said Tuesday immediate benefits will be visible to consumers via increased insurer...
As the lawmakers clashed fiercely Tuesday, political manoeuvring in the Capitol saw Democrats struggling to defend procedural shortcuts in order...
The coalition seeking to challenge the city ordinance regarding marijuana that would limit the number of stores selling marijuana at 70, has...
Michelle Obama’s cover story for next week’s Newsweek magazine i. e. 22nd March shows the First Lady with an apple and which is titled ‘Feed Your...
The debate continues unabated in USA over whether vaccines could cause autism in children.
Even though a court ruled last week there wasn’t...
According to researchers from an American university, BanLec, the lectin found in bananas could prove to be a powerful weapon in the fight against...
According to two new studies, since the 1990s non-melanoma skin cancer incidences have been rising making it the commonest cancer form, affecting...
According to the results of a preliminary study, salsalate, a common pain reliever may help type 2 diabetics control their blood sugar levels,...
Researchers say some people who are deficient in vitamin D can reduce their risk of hearth disease by 30% by raising the amount of vitamin D in...
According to US cosmetic surgeons, instead of using collagen, using muscle from your neck for a lip graft, makes for the perfect plump pout.
...Michel Sidibe, the head of UN AIDS agency – UNAIDS said Monday, since homosexuals, drug users and prostitutes are criminalized by the law, new HIV...
Crime-scene drama fans may soon find fingerprint dusting to be passé, after a new forensic technique debuts on their favourite TV series i. e....
