India, June 27 -- Despite data showing an acceleration in the nation's consumer price inflation, and a deterioration in Eurozone economic sentiment, French stocks are notably higher on Friday thanks to easing trade tensions after the U.S. struck a deal with China to expedite rare earth shipments.
Beijing said Washington would lift "restrictive measures" while Beijing would "review and approve" items under export controls.
Easing concerns about Israel-Iran conflict too contribute to the positive mood in the market.
The benchmark CAC 40 was up 108.27 points or 1.43% at 7,665.58 a few minutes ago.
Schneider Electric is rising 6%. Legrand is gaining about 4.5% and Kering is up 2.5%, while Publicis Groupe is advancind 2.3%.
Saint Gobain, So...