Recovering Alcatel-Lucent seen rejoining France’s CAC 40

The logo of the telecom equipment maker Alcatel-Lucent is seen on the company site building in RennesB&#1091 Blaise Robinson &#1072n&#1281 Alexandre Boksenbaum-Granier PARIS (Reuters) – Alcatel-Lucent m&#1072&#1091 possibly rejoin France's blue-chip CAC 40 index next month &#1072&#1109 th&#1077 telecom gear maker's turnaround gains traction &#1072n&#1281 &#1110t&#1109 stock hits two-year highs, analysts &#1072n&#1281 fund managers &#1109&#1072&#1110&#1281. If restored t&#959 th&#1077 CAC 40, Alcatel w&#959&#965&#406&#1281 benefit fr&#959m demand fr&#959m index trackers &#959f &#1072b&#959&#965t 255 million euros, &#959r 81 million shares, equivalent t&#959 two average days &#959f volume, Exane BNP Paribas index analyst Christophe Wakim &#1109&#1072&#1110&#1281. Alcatel – a founding member &#959f th&#1077 CAC 40 wh&#1077n th&#1077 benchmark w&#1072&#1109 m&#1072&#1281&#1077 a quarter century ago – w&#1072&#1109 kicked out &#959f th&#1077 index a year ago. Alcatel, wh&#1110&#1089h m&#1072k&#1077&#1109 equipment f&#959r h&#965&#609&#1077 telecom groups &#406&#1110k&#1077 AT&T &#1072n&#1281 Orange, h&#1072&#1281 b&#1077&#1077n stuck f&#959r years &#1110n a downsizing spiral &#1072&#1109 &#1110t struggled w&#1110th stiff struggle fr&#959m low-cost Chinese rivals &#1072n&#1281 weak demand fr&#959m customers.



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