The CAC 40 revives gains

After the sharp market downturn in Paris last weekend, with the Cac 40 lost nearly 7% in 48 hours, optimism is in order at the beginning of the week Award paris.le CAC 40 is up 0.89% to 3595 points.

On the macroeconomic front, gross domestic product (GDP) of France is expected to grow by 0.5% in first quarter 2010, according to a first estimate of the Banque de France (BdF) on Monday.

The latest forecast from the National Institute of Statistics (INSEE) published December 17, the economic recovery in France will confirm in early 2010 but will be "laborious and delicate, with a growth of around 0.3 % to 0.4% per quarter until midyear.

The government recently revised upward its growth forecast for this year, rose 0.75% to 1.4% in the revised budget.

INSEE has published Friday its first figures on French growth in the last quarter of 2009. The government forecasts a GDP drop of 2.25% over the last year.

The detailed values to follow.

• IMF: the euro area lags behind the recovery
• France: the debt exceeds 75% of GDP
• The CAC 40 moved above the 4,000 points
• The Paris Bourse revives gains
• Consumption marking time