LONDON — European stock markets were on the upswing in midmorning trading Wednesday after a slow start to the week, blighted by ongoing antiterrorist activity in Europe, where all regions are on the alert for further attacks.
The CAC 40 in Paris was up 1.3 percent to 4884.43, followed by the DAX in Frankfurt, 1.1 percent to 11,049.01. The FTSE MIB in Milan and the FTSE 100 in London were both up 0.9 percent, to 22,136.12 and to 6331.28 respectively.
The euro traded at $1.06, while the pound fetched $1.51 and the Swiss franc equaled $0.98 at 11:15 a.m. CET.
Retail and luxury stocks were also on the upswing, with the morning’s biggest gainers Europe’s supermarket groups including Tesco, 2.3 percent to 1.68 pounds; Carrefour, 2.1 percent to 28.69 euros, and Metro, 5.2 percent to 35.49 euros. Unilever climbed 2.3 percent to 42.10 euros.
Among the stocks that lost the most ground in midmorning were Hugo Boss, 1.2 percent to 80.70 euros; Italia Independent, 2 percent to 26 euros, and Mulberry Group, 0.7 percent to 9.06 pounds.