LONDON — European stock markets made marginal gains in midmorning trading on Thursday, with the exception of the FTSE 100 in London, which was down 0.1 percent to 6,328.06.
The FTSE MIB in Milan climbed 0.6 percent to 22,143.06, while the DAX in Frankfurt was up 0.2 percent to 9,992.78. The CAC 40 in Paris climbed 0.1 percent to 4,671.39.
The euro traded at $1.13, while the pound fetched $1.53, and the Swiss franc equaled $1.03 at 10:40 a.m. CET.
Retail and luxury stocks were mostly down, with the morning’s biggest fallers including Marks & Spencer Group, 1.1 percent to 4.94 pounds; high street retailer Next, 1.6 percent to 76.00 pounds; Ted Baker, 1.1 percent to 31.65 pounds, and Gemfields, 6 percent to 0.53 pounds.
Among the few stocks that gained substantial ground were Safilo Group, 2.9 percent to 11.73 euros; Moncler, 1.9 percent to 15.99 euros; Hugo Boss, 1.4 percent to 106.19 euros, and Yoox Net-a-porter Group, the newest entry on the Milan stock exchange, 1.8 percent to 30.42 euros.
