Paris Bourse, which opened sharply higher after five consecutive sessions of decline

Paris Bourse, which opened sharply higher after five consecutive sessions of decline, confirming its recovery in the early afternoon, like other places in Europe, encouraged by the excellent trend of contracts American indices brought on by the hope of rescuing the booster credit Ambac.

Repassant above the threshold of 4,700 points, the CAC 40 index rose by 1.04% to 4.723,2 points to 13.40, in a volume of 2.6 billion euros, of which 2.2 billion on only values of the index.

The other European places are also well-directed, taking London 0.7%, Frankfurt 1.33%. As for the pan-European index, the EuroStoxx 50 wins and 1.3% EuroFirst 300 up 0.9%.

Among the values of ACC, VALLOUREC climbs to 6.12% after reassuring outlook for 2008 trial - especially with regard to price increases - and the announcement of a plan savings.

The CREDIT AGRICOLE won 4.5% despite a larger loss than expected in Q4. The bank has reassured markets by focusing on internal growth and by stating that they do not intend to launch a takeover bid on Bankinter in which it took a 20% stake in late 2007.

All sector indices are on the rise in Europe, under the leadership of the Land (+2.6%), construction (+2.1%) and technology (+2.15%).

Many indicators are expected this afternoon in the United States, with orders to industry in January, the ISM services February or beige book of the Fed, issued after the close of Paris.