Around the World's Markets: Paris

THE PARIS stock index closed above 4,000 for the first time since Tuesday's 204-point swing, but brokers said investor caution could be highlighted following bomb blasts on US embassies in Africa.

The blue-chip CAC-40 index closed up 73.29 points, or 1.85 per cent at 4,041.88.

The market was nervous following a slide in Hong Kong but rose steadily in the afternoon as the Dow climbed. On the week, the French market was down 3.24 per cent.