LONDON — Europe’s markets were all on the rise in trading Thursday morning.
The CAC 40 in Paris, the DAX in Frankfurt and the FTSE MIB in Milan each gained 0.6 percent, to 4,963.85, 11,337.64 and 23,227.80, respectively. The FTSE 100 in London gained 0.3 percent to 6,849.36.
Fashion, luxury and retail stocks had a largely positive morning, too.
Among those stocks that gained ground were Mulberry, which climbed 2.2 percent, even as the British luxury firm reported a 1.4 million pound, or $2.2 million, loss in the year ended March 31. However, the company said that in the current fiscal year, its total retail sales have advanced 17 percent and 15 percent on a same-store basis, compared to the same period last year.
Also up were Hermès International, 2.2 percent to 362.35 euros; Moncler, 1.2 percent to 17.20 euros, and Boohoo.com, 2.6 percent to 0.30 pounds, after the online retailer reported Wednesday that its group sales rose 37 percent in the three months to May 31, to 41.3 million pounds, or $63.8 million.
Fallers included MySale Group, 3.2 percent to 0.53 pounds; Kering, 0.9 percent to 158.95 euros, and Safilo Group, 1.2 percent to 12.50 euros.
At 11:40 a.m. CET, the pound traded for $1.55, while the euro went for $1.13.