LONDON — European stock markets were mostly down in midmorning trading on Friday.

The FTSE MIB in Milan declined 0.8 percent to 16,507.98, followed by the CAC 40 in Paris, 0.7 percent to 4,478.80.

The DAX in Frankfurt and the FTSE 100 in London both retreated 0.3 percent to 10,638.02 and to 6,890.66, respectively.

The euro traded at $1.12, while the pound fetched $1.30 and the Swiss franc equaled $1.03 at 11:00 a.m. CET.

Retail and luxury stocks were uneven, with the morning’s biggest fallers including Moncler, 2.4 percent to 15.24 euros; Debenhams, 2.2 percent to 0.55 pounds, and Asos 1.3 percent to 47.28 pounds.

Among the stocks that gained ground were Jimmy Choo, 3.7 percent to 1.25 pounds. The shares advanced on Friday after Bank of America Merrill Lynch upgraded the stock from “neutral” to “buy.”

French Connection climbed 2.7 percent to 0.36 pounds, and the British mass-market retailer Bonmarche Holdings was up 1.8 percent to 0.95 pounds.

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