LONDON — European stock markets edged up in mid-morning trading on Wednesday, with the exception of the FTSE 100 in London, which was down 0.1 percent to 6,735.20.
The FTSE MIB in Milan climbed 0.8 percent to 19,936.83, followed by the DAX in Frankfurt and the CAC 40 in Paris, which both advanced 0.2 percent to 9,951.46 and 4,392.80, respectively.
The euro traded at $1.24, while the pound fetched $1.57 and the Swiss franc stood at $1.03 at 10:55 am CET.
Retail and luxury stocks were mostly down, with the morning’s biggest fallers including Metro AG, down 5.1 percent to 25.49 euros; French Connection, 4.1 percent to 0.53 pounds; Carrefour SA, 1.4 percent to 25.02 euros; and Gemfields, 3 percent to 0.47 pounds.
Among the stocks that gained the most ground were J. Sainsbury, up 1.6 percent to 2.45 pounds and Debenhams, 1 percent to 0.73 pounds.