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The precipitous move has triggered questions on whether other high-flying equity markets were due for a correction.
The French financial markets were due to open as usual on Monday, with extra security measures taken for staff, stock and derivatives, the Euronext exchange said.
Geoff Lewis, from JP Morgan Asset Management, told Bloomberg from Hong Kong that global equity markets were due a correction after the rebound this year but said it was unlikely it would turn into a full scale rout.
This had sent company valuations in some countries well above what many analysts believed to be fair value – causing many investors to take the view that these markets were due a correction.
The Logan was designed to meet European Union norms because some of the target markets were due to join the EU, but to sell at a much lower price than standard models.
There's no question that these markets were due for a breather.
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The poor performance of those markets "was due to the external environment," the report concluded.
The records being set in the markets are due to a combination of peculiar circumstances, cyclical swings and historical shifts.
As soon as Kraft is confident of getting its hands on its British chocolate box, a trip to the bond markets is due.
He said the relative calm on financial markets was due not only to E.C.B. policy, but also to progress by political leaders.
"Because the improvement in financial markets was due, in part, to support from various government programs, market functioning might deteriorate as those programs wind down," the committee's minutes read.
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