LONDON — European stock markets edged down in mid-morning trading on Wednesday, with the DAX in Frankfurt and the CAC 40 in Paris leading the way.
The German and French markets fell 0.6 percent, to 10,229.28 and to 4,449.67 respectively, while the FTSE MIB in Milan was down 0.3 percent to 17,923.45. The FTSE 100 in London was broadly flat at 6,283.10.
The euro traded at $1.14 while the pound fetched $1.45, and the Swiss franc equaled $1.03 at 11:25 a.m. CET.
Retail and luxury stocks were uneven, with the morning’s biggest risers including Yoox Net-a-porter Group, 1.2 percent to 25.79 euros; Italia Independent Group, 2.2 percent to 17.99 euros; Geox, 1.4 percent to 3.15 euros; and Compagnie Financière Richemont, 1.6 percent to 61.50 Swiss francs.
Among the morning’s biggest fallers were Koovs.com, 6.9 percent to 0.45 pounds; SuperGroup, 1.7 percent to 14.72 pounds; Joules, 1.3 percent to 1.92 pounds; and Jimmy Choo, 1.5 percent to 1.07 pounds.