Markets
French stocks bounce back, SocGen up 7pc
PARIS : French stocks bounced back on Tuesday after plunging in early trading, buoyed by unconfirmed reports that Fra
PARIS: French stocks bounced back on Tuesday after plunging in early trading, buoyed by unconfirmed reports that France and Germany are readying another plan to avert a Greek debt default.
Banking shares had led the morning plunge, but recovered on the reports. Societe Generale climbed 7.0 percent, and the CAC 40 index as a whole was hovering around the unchanged mark.
Copyright AFP (Agence France-Presse), 2011
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