Around the World's Markets: Paris

Thursday 24 December 1998 00:02 GMT

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TURNOVER WAS low on the Paris Bourse but prices were marked up and the CAC-40 index ended 51.95 higher at 3,872.42.

Shares eased initially after overnight news that Bouygues Telecom's losses will be above expectations, but Bouygues closed just 11 lower at Fr1,140 as the market rallied. AXA-UAP shed 5 to Fr785 after recent gains, but banks extended their runs. Oil stocks reversed early losses.

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