PARIS — Most European stock markets, with the exception of Milan’s index, were on the rise Tuesday morning.

Frankfurt’s DAX gained 0.5 percent to 10,425.88 points, London’s FTSE 100 advanced 0.4 percent to 6,838.51 and Paris’ CAC 40 was up 0.1 percent to 4,400.46. The FTSE MIB in Milan, meanwhile, declined 0.8 percent to 16,271.19.

The euro traded at $1.12 and the pound at $1.30 at 11:45 a.m. CET.

Fashion, luxury and retail stocks were choppy. Among the biggest gainers were Asos, up 2.6 percent to 47.42 pounds; Jimmy Choo, 2.1 percent to 1.24 pounds, and Adidas, 1.7 percent to 151.75 euros.

French Connection Group dropped 7.2 percent to 0.41 pounds after the retailer reported earlier in the day an 8.7 percent decline in first-half revenues as it shuttered more stores. Koovs was down 3.6 percent to 0.63 pounds, while Debenhams retreated 2.2 percent to 0.56 pounds.

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