- CNTV English - CCTV News

French stocks volatile amid Greek debt crisis

09-14-2011 08:30 BJT

Watch Video

Play Video

The hammering French shares are getting this morning in Europe reinforce the importance of global collaboration. France's benchmark CAC index was sharply lower in early morning, but they're seeing a bit of a bounce at the moment currently up percent.

Shares there have been pummeled in recent weeks, by worries about the impact of a Greek default on heavily exposed French banks. Shares in two of France's most powerful banks, BNP Paribas and Societe Generale, have been among the worst hit, but some are still optimistic.

Jericho, a passerby said, "I think the banks will resist more or less well, because they aren't simply standing on one leg. There are deposits, there's also the investment banking business in the same group, so I think they are better equipped to resist than the other banks that are more specialized."

A broker watches screens in an office of the French investment company Aurel BGC in
Paris on September 12.


Editor:Li Wanran |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program