LONDON — European stock markets put on a mixed show in mid-morning trading on Wednesday, amid a bundle of mixed news from the region’s fashion retailers.
The CAC 40 in Paris was up 0.4 percent to 3,823.94, followed by the FTSE MIB in Milan, which advanced 0.2 percent to 16,324.74.
The DAX in Frankfurt was down 0.2 percent to 8,210.06, while the FTSE 100 in London fell 0.1 percent to 6,331.51.
The euro traded at $1.33 against the dollar, while the pound fetched $1.56, the Swiss franc equaled $1.08, and the Swedish krona traded at $0.15 at 11:30 a.m. CET.
Retail and luxury stocks were mostly up, with the morning’s biggest gainers including Mulberry Group, up 1.8 percent to 9.59 pounds; and Inditex, 1.6 percent to 99.43 euros after notching a 1.4 percent increase in first-quarter net income and a 5.2 percent sales gain during the three months to April 30.
Shares in Asos.com, which on Wednesday reported that group revenues for the third quarter rose 43 percent 197.2 million pounds, advanced 3.2 percent to 41.09 pounds.
Among the morning’s fallers was Hennes & Mauritz, which reported broadly flat sales in the second quarter, due partly to the stronger Swedish krona. The stock was down 0.1 percent to 223.90 Swedish kronor.