LONDON — European stock markets edged up in mid-morning trading on Tuesday, with the DAX in Frankfurt leading the way.
The German market was up 0.9 percent to 8,432.00, followed by the FTSE 100 in London, up 0.7 percent to 6,618.08. The FTSE MIB in Milan rose 0.6 percent to 17,363.90 and the CAC 40 in Paris gained 0.3 percent to 4,085.61.
The euro traded at $1.33 against the dollar, while the pound fetched $1.55 and the Swiss franc equaled $1.08 at 11:30 am CET.
Retail and luxury stocks put on a mixed show, with the morning’s biggest gainers including Brunello Cucinelli, up 1.9 percent to 22.58 euros; French Connection, up 2.6 percent to 0.30 pounds; Tod’s, up 2.7 percent to 144.50 euros, and Gemfields, up 2.3 percent 0.26 pounds.
Among the stocks that lost ground were Aeffe, down 1.3 percent to 0.56 euros, and Safilo Group, down 0.6 percent to 14 euros.