LONDON — European stock markets were uneven in midmorning trading on Wednesday.
The CAC 40 in Paris was down 0.1 percent to 4,950.16, while the FTSE MIB climbed 0.5 percent to 19,555.48. The DAX in Frankfurt advanced 0.2 percent to 11,991.81, and the FTSE 100 in London was up 0.1 percent to 7,347.57.
The euro traded at $1.06, while the pound fetched $1.22 and the Swiss franc equaled $0.99 at 11 a.m. CET.
Retail and luxury stocks were mostly on the rise, with the morning’s biggest gainers including French Connection Group, 10.5 percent to 0.37 pounds, and Adidas, 6.4 percent to 170 euros after the company raised its earnings guidance until 2020 following a record 2016.
Burberry Group was up 1.4 percent to 17.87 pounds, and Koovs.com climbed 1.1 percent to 0.48 pounds.
Among the stocks that lost the most ground were Jimmy Choo, down 1.7 percent to 1.59 pounds; Italia Independent Group, 3.1 percent to 4.16 euros, and Beiersdorf 1 percent to 85.23 euros after the company released full-year profit numbers earlier in the day.