LONDON — European stock markets made marginal gains in midmorning trading on Monday, with the DAX in Frankfurt and the CAC 40 in Paris leading the way.
The German and French markets were up 0.3 percent to 10,176.86 and 4,393.95, respectively. The FTSE 100 in London and the FTSE MIB in Milan both climbed 0.1 percent to 6,738.42 and 16,779.68, respectively.
The euro traded at $1.10, while the pound fetched $1.31 and the Swiss franc equaled $1.01 at 10:00 a.m. CET.
Retail and luxury stocks were also on the uptick, with the morning’s biggest gainers including Zalando, up 2.5 percent to 33.15 euros; Italia Independent Group, 2.4 percent to 7.10 euros, and Koovs, 7 percent to 0.69 pounds.
Danish jeweler Pandora was the only stock to lose substantial ground, falling 3.4 percent to 866 Danish kronor, or $127.50.