LONDON — European stock markets were down in midmorning trading on Monday, as Brussels remained in lockdown following the arrest of 16 terrorist suspects and raids over the weekend.
The CAC 40 in Paris fell 0.9 percent to 4,838.67, followed by the FTSE 100 in London, 0.7 percent to 6,293.60, and the DAX in Frankfurt, 0.4 percent to 11,080.29.
The FTSE MIB in Milan was the only market to gain ground, climbing 0.6 percent to 22,268.72.
The euro traded at $1.06, while the pound fetched $1.52 and the Swiss franc equaled $0.98 at 11:20 a.m. CET.
Retail and luxury stocks were mostly down, including Tod’s, which has purchased the Roger Vivier trademark for 415 million euros, the company said on Monday. The stock fell 0.3 percent to 78.90 euros.
The luxury French footwear brand has until now been licensed by the seller, a company owned by Tod’s principals Diego and Andrea Della Valle.
Among the other fallers was Swatch Group, 2.1 percent to 69.10 Swiss francs; Britain’s Bonmarche Holdings, 6.5 percent to 2.75 pounds; Ted Baker, 2.4 percent to 34.69 pounds; Zalando and Primark parent Associated British Foods, both of which were down 1.6 percent, to 31.24 euros and to 34.60 pounds respectively.
Among the few stocks that gained ground were Gemfields, 3.1 percent to 0.43 pounds; and Aeffe, 2.8 percent to 1.42 euros.
Brussels is continuing its antiterrorist investigations following the atrocities in Paris that killed 130 people and injured hundreds. As a result, schools, universities and the metro remained closed and the city is on alert for further attacks.