French Market Regulator Lifts Short-Selling Ban On Financial Stocks

French stock market regulator said Monday it has lifted the ban on short-selling of 10 stocks from French financial companies that was imposed in August.

The ban was lifted Saturday, the stock market regulator, known as AMF, said in a statement.

In August, the AMF had banned short-selling of BNP Paribas SA (BNP.FR), Credit Agricole SA (ACA.FR) and Societe Generale SA (GLE.FR)--the country's three largest listed banks--as well as April SA (APR.FR), AXA SA (CS.FR), Credit Industriel et Commercial SA (CC.FR), CNP Assurances (CNP.FR), Euler Hermes SA (ELE.FR), Natixis (KN.FR) and Scor SE (SCR.FR).

The decision made the decision amid a wide selloff of banking shares in August spurred by concerns about a looming sovereign debt crisis in Europe.

The CAC-40 index last week reached its highest level since early August.

-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; inti.landauro@dowjones.com

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