LONDON — European stock markets were down in mid-morning trading on Monday.
The FTSE 100 in London declined 0.6 percent to 7,155.91, followed by the DAX in Frankfurt, which fell 0.4 percent to 11,586.97. The FTSE MIB in Milan and the CAC 40 in Paris each retreated 0.3 percent, to 19,418.99 and to 4,836.45, respectively.
The euro traded at $1.06, the pound at $1.23, the Danish krone at $0.14 and the Swedish krona at $0.11 at 11:30 a.m. CET.
Retail and luxury stocks were mostly in decline, with the morning’s biggest fallers including Jimmy Choo, down 5.8 percent to 1.46 pounds; Hennes & Mauritz, 2.1 percent to 237.10 Swedish kronor, and Joules Group, 1.3 percent to 2.18 pounds.
Among the morning’s biggest risers was Pandora, up 2.2 percent to 890 Danish kroner. Meanwhile, Koovs and Mulberry Group each advanced 0.9 percent, to 0.47 pounds and 11.02 pounds, respectively.