LONDON — Europe’s major markets were in decline in mid-morning trading on Friday, with the exception of the FTSE 100 in London.
The British market was up 0.1 percent to 7,284.09. The CAC 40 in Paris pared the biggest losses, declining 0.9 percent to 4,854.4. It was followed by the FTSE MIB in Milan, which fell 0.7 percent to 18,9465.25, while the DAX in Frankfurt dipped 0.5 percent to 11,700.3.
The euro traded at $1.06, while the pound fetched $1.25 and the Swiss franc equaled $0.99 at 12:36 p.m. CET.
Retail and luxury stocks were also in retreat, with the day’s biggest fallers including French Connection Group, down 2.6 percent to 0.35 pounds; Aeffe SpA, 2.5 percent to 1.37 euros; Prada, 2 percent to 31.60 euros; euros and Brunello Cucinelli, 1.2 percent to 20.10 euros.
Among the few stocks that gained ground were MySale Group, up 2.5 percent to 1.15 pounds, and Moncler SpA, 1 percent to 17.90 euros.