LONDON — European stock markets made small gains in midmorning trading on Monday, with the exception of the FTSE 100 in London, which was down 0.4 percent to 6,337.70.
The DAX in Frankfurt led the uptick, climbing 0.7 percent to 10,921.33, followed by the FTSE MIB in Milan, 0.5 percent to 22,557.55, and the CAC 40 in Paris, 0.4 percent to 4,916.55.
The euro traded at $1.10, while the pound fetched $1.54, and the Swiss franc equaled $1.01 at 11:50 a.m. CET.
Retail and luxury stocks were uneven, with the morning’s biggest risers including Yoox Net-a-porter Group, which climbed 2.1 percent to 31.50 euros; MySale Group, 3.2 percent to 0.56 pounds; Asos.com, 2.9 percent to 33.56 pounds, and Geox, 1.7 percent to 4.32 euros.
Among the stocks that lost the most ground were Italia Independent Group, down 2.9 percent to 23.80 euros; French Connection, 2.7 percent to 0.36 pounds, and Koovs.com, 1.3 percent to 0.37 pounds.