LONDON — European stock markets were uneven in mid-morning trading on Monday, with the FTSE MIB in Milan gaining the most ground.
The Italian market was up 0.4 percent to 23,583.92, followed by the CAC 40 in Paris, 0.3 percent to 5,020.64.
The FTSE 100 in London, meanwhile, was down 0.1 percent to 6,981.10, while the DAX in Frankfurt was broadly flat at 11,414.61.
The euro traded at $1.10, while the pound fetched $1.53 and the Swiss franc equaled $1.06 at 11:10 a.m. CET.
Retail and luxury stocks were also uneven, with the morning’s biggest fallers including Primark’s parent Associated British Foods, down 1.3 percent to 29.90 pounds; Swatch Group, 1.4 percent to 73.50 Swiss francs, and Koovs.com, 1.3 percent to 0.74 pounds.
The morning’s biggest gainers included Inditex, up 1.1 percent to 30.50 euros; Gemfields, 1.4 percent to 0.62 pounds, and Bonmarché Holdings, 1.8 percent to 2.75 pounds.