LONDON — Europe’s markets all made gains in trading early afternoon on Friday.
The FTSE MIB in Milan and the CAC 40 in Paris both rose 0.5 percent, to 23,674.94 and to 5,052.26 respectively, while the DAX in Frankfurt and the FTSE 100 in London were both up 0.4 percent, to 11,604.38 and to 7,002.58 respectively.
Reuters said less volatile bond markets buoyed investors’ mood.
Fashion, luxury and retail stocks had a largely positive morning, too.
Those that gained the most numbered Hugo Boss, 2 percent to 105.72 euros; MySale Group, 1.7 percent to 0.51 pounds; Burberry, 1.2 percent to 17.81 pounds and Geox, which climbed 6.7 percent to 3.42 euros.
The latter rose as Geox reported Thursday that its first quarter net profit climbed 25 percent to 12.5 million euros, or $14.1 million year-on-year.
The few fallers included Koovs, 2.7 percent to 0.73 pounds; Sainsbury’s, 0.7 percent to 2.67 pounds and Aeffe, 0.3 percent to 2.42 euros.
At 1.06 CET, the pound traded at $1.58, while the euro went for $1.14 and the Swiss franc equaled $1.09.