CAC 40 rallies as Evergrande concerns ease.
Byline: S. Kamal Hayder Kazmi
French stocks opened higher on Friday as China Evergrande Group reportedly supplied funds to pay interest on a U.S. dollar bond, helping ease contagion fears. Strong earnings from L'Oreal also boosted sentiment. The benchmark CAC 40 jumped 75 points, or 1.1 percent, to 6,762 after closing 0.3 percent lower the previous day. Investors shrugged off the results of a...
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