European Markets Down Slightly

The main indexes dipped Friday in mid-morning trading ahead of Germany’s elections on Sunday.

LONDON — European markets were all slightly down during mid-morning trading on Friday, ahead of Sunday’s elections in Germany.


Each dipped 0.1 percent, with the FTSE 100 reaching 6,616.64 points; the Paris CAC 40, 4,202.16; Frankfurt’s DAX, 8,684.64, and Milan’s FTSE MIB, 18,04.03.


The pound traded at $1.60 against the dollar, while the euro was worth $1.34 and the Swiss franc, $1.08, at 10:30 a.m. CET.  


Retail and luxury stocks were putting on a mixed performance, with the morning’s biggest gainers including Asos.com, up 5.4 percent to 57.65 pounds. Yoox.com rose 4.2 percent to 27.87 euros and Mulberry, 1.3 percent to 9.95 euros.


Among the stocks losing ground was Swatch Group, down 1.4 percent to 102.50 Swiss francs. Meanwhile, Hermès International and L’Oréal each lost 0.6 percent to 269.10 euros and 127.70 euros, respectively.