LONDON — European stock markets edged up in mid-morning trading on Monday, with the FTSE MIB in Milan leading the way.
The Italian market advanced 0.7 percent to 16,237.94, followed by the DAX in Frankfurt, up 0.4 percent to 8,363.43, and the CAC 40 in Paris, 0.3 percent to 3,937.08. The FTSE 100 in London rose 0.1 percent to 6,638.81.
The euro traded at $1.31 against the dollar, while the pound fetched $1.53 and the Swiss franc equaled $1.06 at 11:20 a.m. CET.
Retail and luxury stocks were mostly up, with the morning’s biggest risers including Carrefour SA, up 1.8 percent to 23.30 euros; Metro AG, 1.1 percent to 25.91 euros, and Yoox.com, 1.9 percent to 20.55 euros.
Among the few stocks that lost ground was Hugo Boss, down 1.5 percent to 86 euros.