LONDON — European stock markets made gains in midmorning trading on Monday with the exception of the FSTE 100 in London, which fell 0.3 percent to 6,877.85.
The FTSE MIB in Milan climbed 0.7 percent to 17,311.99, followed by the CAC 40 in Paris and the DAX in Frankfurt, each up 0.3 percent to 4,552.70 and 10,715.02, respectively.
The euro traded at $1.11, while the pound fetched $1.32 and the Swiss franc equaled $1.01 at 10:15 a.m. CET.
Retail and luxury stocks were uneven in trading, with the morning’s biggest gainers including Joules, which advanced 11.3 percent to 1.92 pounds. The British retailer recently announced plans to take over the former McEwens of Perth building, which went into administration in March. Koovs rose 10.9 percent to 0.66 pounds after the retailer reported a 115 percent increase in sales in the three months through July and a boost in brand awareness. French Connection Group climbed 4.5 percent to 0.48 pounds.