LONDON – Most European stock markets were flat in morning trading on Wednesday, save for the DAX in Frankfurt, which was down 0.2 percent to 10,610.06.

The CAC 40 in Paris hovered around 4,503.07; the FTSE 100 in London, 6,992.55, and the FTSE MIB in Milan, 16,946.27.

The euro traded at $1.10, while the pound fetched $1.23 and the Swiss franc equaled $1.01 at 12:35 p.m. CET.

Retail and luxury stocks were uneven, with the morning’s biggest fallers including SuperGroup, 1.6 percent to 14.20 pounds; Italia Independent, 3.1 percent to 3.80 euros; Mulberry Group, 2.2 percent to 10.99 pounds, and, 2.7 percent to 0.72 pounds.

Among the stocks to gain the most ground were Tod’s, 1 percent to 50.75 euros; Carrefour, 2.3 percent to 14.36 euros, after the retailer earlier in the day reported that its third-quarter sales rose 1.1 percent; Burberry Group, 2.3 percent to 14.36 pounds;, 2.8 percent to 49.97 pounds, and Zalando, 3.6 percent to 38.82 euros.

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