LONDON — European stock markets were on the rise in midmorning trading on Tuesday, with the FTSE MIB in Milan and the CAC 40 in Paris leading the way.
The Italian and French indices were both up 0.5 percent, to 16,823.50 and 4,435.67, respectively. The DAX in Frankfurt rose 0.4 percent to 10,477.29, and the FTSE 100 in London climbed 0.3 percent to 6,831.08.
The euro traded at $1.11, while the pound fetched $1.31 and the Swiss franc equaled $1.02 at 11:15 a.m. CET.
Retail and luxury stocks were uneven, with the morning’s biggest gainers including Asos.com, up 2.6 percent to 47.82 pounds; Geox, 1.4 percent to 2.47 euros; Mulberry Group, 1.6 percent to 11.00 pounds, and Koovs.com, 8.2 percent to 0.70 pounds.
The morning’s biggest fallers included Safilo Group, down 1.4 percent to 8.06 euros; French Connection, 1.1 percent to 0.41 pounds; Joules, 1.5 percent to 1.63 pounds, and Danish jeweler Pandora, 1.6 percent to 852.50 Danish kronor, or $127.09.