LONDON — European stock markets were on the rise in midmorning trading on Monday, with the exception of the FTSE MIB in Milan, which was down 0.2 percent to 19,616.84.
The FTSE 100 in London, CAC 40 in Paris and DAX in Frankfurt all rose 0.2 percent to 7,354.53, 5,003.18 and 11,982.63, respectively.
The euro traded at $1.07, while the pound fetched $1.22 and the Swiss franc equaled $0.99 at 11:50 a.m. CET.
Retail and luxury stocks were mostly up, with the morning’s biggest gainers including Jimmy Choo, 2.9 percent to 1.67 pounds; Britain’s Bonmarché Holdings, 5.1 percent to 0.79 pounds; Geox, 3.4 percent to 2.05 euros, and Koovs.com, 1.4 percent to 0.48 pounds.
Among the stocks that lost the most ground were Mulberry Group, 1 percent to 10.70 pounds; French Connection, 5.6 percent to 0.34 pounds, and Italia Independent Group, 3.1 percent to 4.38 euros.