BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks recovered some ground on
Monday, after witnessing a brutal sell-off last week on concerns that a new
government may worsen the country's fiscal situation and threaten the stability
of the euro zone.

French government bonds won some respite after Marine Le Pen, the leader of the
French far-right, said she would co-operate with President Emmanuel Macron if
she wins the snap parliamentary election that begins later this month.

Also, European Central Bank policymakers reportedly said they had no plans to
launch emergency purchases of French bonds to stabilize the market.

The benchmark CAC 40 was up 13 points, or 0.2 percent, at 7,516 after plummeting
over 6 percent last week due to political uncertainty in the country.

China-linked Hermes, LVMH and Kering were moving lower after a slew of Chinese
economic data underlined the country's bumpy recovery and the People's Bank of
China (PBOC) left a key policy rate unchanged, disappointing some who had
expected a rate cut following surprisingly soft bank lending data.



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