Paris - The French stock market reacted with a vigorous rebound Monday to the US government's bail-out of the mortgage lenders Fannie Mae and Freddie Mac.

The benchmark CAC 40 was up 4.64 per cent, at 4,391.53, in early trading, making good a large chunk of its loss from last week when French shares lost more than 6 per cent of their value, its biggest loss of the year. (dpa)