LONDON — Europe’s markets got off to a largely positive start Monday morning.
The DAX in Frankfurt gained 0.3 percent to 11,344.90, while the FTSE MIB in Milan and the CAC 40 in Paris each edged up 0.1 percent, to 23,562.78 and 5,008.92, respectively. The FTSE 100 in London was down 0.2 percent to 6,684.68.
London’s stock exchange fell as the Markit/CIPS purchasing managers’ index for July was released Monday, showing that the index was up in July to 51.9, but recorded a “softer” rate of growth, according to David Noble, group chief executive office at the Chartered Institute of Procurement and Supply.
Monday also marked the re-opening of the Greek stock exchange in Athens, after it had shut down during the country’s debt crisis this summer. The Athex was trading down 19.8 percent to 639.64 on Monday morning.
Fashion, luxury and retail stocks were varied in the morning’s trading.
Fallers included Italia Independent, 2.8 percent to 31.60 euros; Tesco, 1.1 percent to 2.13 pounds, and MySale Group, 1 percent to 0.47 pounds.
At 11:10 a.m. CET, the euro traded for $1.10 while the pound went for $1.56.