By  on May 26, 2014

PARIS — The major European markets trading Monday closed in positive territory, a day after the region’s elections took place.

Milan’s FTSE MIB led the way, finishing the day up 3.6 percent to 21,493.87 points. The DAX in Frankfurt followed, with a 1.8 percent gain to 9,892.82, and Paris’ CAC 40 rose 0.8 percent to 4,526.93.

London’s FTSE 100 was closed for the spring break holiday.

The majority of fashion, luxury and retail stocks registered increases.

Among the strongest advancers was Aeffe, which finished Monday up 6.1 percent to 1.21 euros. Yoox Group rose 4.4 percent to 23.48 euros, while Geox gained 3.9 percent to 2.95 euros.

On the downtick were Swatch Group, which retreated 0.4 percent to 99.60 Swiss francs; Prada, down 0.3 percent to 58.15 euros, and Hermès International, which declined 0.2 percent to 257.60 euros.

At 6:15 p.m. CET, the euro traded against the dollar for $1.36.

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