Paris - Buoyed by Wall Street's strong rebound, French shares on Wednesday continued to make up losses from earlier in the week as rumours swirled that a large French bank was in trouble.
The Paris Bourse's blue-chip CAC 40 was up 0.58 per cent, at 4,055.47, in mid-morning trade, with advancing issues outpacing losers by about three to one.
The French-Belgian bank Dexia, which is to receive an injection of 6.4 billion euros (9.05 billion dollars) from the French, Belgian and Luxembourg governments, led the gainers, up 6.3 per cent to 7.99 euros.
Other financial stocks were faring less well, with insurance giant Axa and the banks BNP Paribas and Societe Generale all on the losing side of the ledger.