LONDON – European stock markets were on the upswing in mid-morning trading on Monday, with the exception of the FTSE MIB in Milan, which was down 0.6 percent to 16,715.16.

The CAC 40 in Paris climbed 1.1 percent to 4,537.58, followed by the DAX in Frankfurt, 0.9 percent to 10,758.55, and the FTSE 100 in London, 0.7 percent to 6,777.28.

The euro traded at $1.09, while the pound fetched $1.26, and the Swiss franc equaled $1.01 at 12:10 p.m. CET.

Retail and luxury stocks were mostly up, with the morning’s biggest risers including Tesco, 2.8 percent to 2.04 pounds; Britain’s Bonmarche Holdings, 5.3 percent to 0.88 pounds; Marks & Spencer Group, 3.3 percent to 3.38 pounds; and Adidas, 1.1 percent to 134.90 euros.

Among the stocks that lost the most ground were Zalando, 1.5 percent to 35.20 euros; Primark parent Associated British Foods, 1.3 percent to 25.65 pounds; and Safilo Group, 1.1 percent to 8.20 euros.

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