LONDON – European stock markets were uneven in mid-morning trading on Monday, while retail and luxury stocks were mostly down.
The FTSE MIB in Milan dipped 0.3 percent to 19,054.62 and the CAC 40 in Paris climbed 0.3 percent to 4,838.74, followed by the FTSE 100 in London, which was up 0.2 percent to 7,204.19. The DAX in Frankfurt was broadly flat at 11,656.56.
The euro traded at $1.08, while the pound fetched $1.25 and the Swiss franc equaled $1.01 at 11:40 a.m. CET.
Retail and luxury stocks were mostly down, with the morning’s biggest fallers including SuperGroup, 2.6 percent to 14.63 pounds, and Swatch Group, 1.3 percent to 67.10 Swiss francs. Adidas declined 1.3 percent to 145.10 euros; Marks & Spencer Group, 1.6 percent to 3.35 pounds; Luxottica Group, 1.9 percent to 49 euros, and Debenhams, 1.6 percent to 0.54 pounds.
Among the few stocks to gain ground were Joules Group, 1.8 percent to 2.14 pounds, and Mulberry Group, 2.4 percent to 11.02 pounds.