LONDON — European stock markets shrugged off their malaise following Friday’s terror attacks in Paris, gaining ground in midmorning trading on Tuesday.
The FTSE 100 in London led the way, climbing 1.7 percent to 6,249.05, followed by the CAC 40 in Paris, 1.5 percent to 4,877.72, and the DAX in Frankfurt, 1.4 percent to 10,863.44. The FTSE MIB in Milan was up 1.1 percent to 22,049.71.
The euro traded at $1.07, while the pound fetched $1.52 and the Swiss franc equaled $0.99 at 10:00 a.m. CET.
Retail and luxury stocks were also up, with few a exceptions, including Jimmy Choo, which fell 2 percent to 1.50 pounds; Mulberry Group, 0.1 percent to 9.05 pounds, and Koovs.com, 2.8 percent to 0.35 pounds.
Among the stocks that gained the most ground were Unilever, 3.2 percent to 41.24 euros; Safilo Group, 2.2 percent to 10.94 euros; Metro AG, 2.6 percent to 28.16 euros; Asos.com, 2.6 percent to 32.19 pounds; Gemfields, 2.4 percent to 0.46 pounds, and Tesco, 3.2 percent to 1.72 pounds.