LONDON — European stock markets were uneven in mid-morning trading on Thursday, while retail and luxury stocks were down.
The CAC 40 in Paris was flat at 4,637.31, as was the DAX in Frankfurt at 10,592.53. The FTSE 100 in London was down 0.2 percent to 6,112.03, while the FTSE MIB in Milan was the only stock to make a modest gain, rising 0.2 percent to 21,543.03.
The euro traded at $1.09, while the pound fetched $1.51, and the Swiss franc equaled $1.01 at 10:40 am CET.
Retail and luxury stocks were mostly down, with the morning’s biggest fallers including Associated British Foods, parent of Primark, which fell 2.1 percent to 34.39 pounds; high street retailer Next, 2 percent to 75.74 pounds; LVMH Moet Hennessy Louis Vuitton, 1.8 percent to 146.25 euros, and Unilever, 1.4 percent to 39.06 euros.
Mulberry, which earlier in the day reported an uptick in first half sales and profits, was down 1.5 percent to 9.21 pounds.
Among the few stocks that gained ground were Hugo Boss, up 1.3 percent to 77.95 euros, and MySale Group, 1.6 percent to 0.48 pounds.