LONDON — Europe’s major markets were in retreat in mid-morning trading on Friday, with the exception of the FTSE 100 in London, which climbed 0.2 percent to 7,528.73.
The FTSE MIB in Milan led the downturn, falling 0.9 percent to 21,103.65, followed by the CAC 40 in Paris, 0.6 percent to 5,303.04, and the DAX in Frankfurt, 0.3 percent to 12,583.38.
The euro traded at $1.12, while the pound fetched $1.30, and the Swiss franc equaled $1.03 at 11:45 a.m. CET.
Retail and luxury stocks were mostly down, with the morning’s biggest fallers including Aeffe, 2.3 percent to 1.80 euros; Mulberry, 3.3 percent to 10.47 pounds; Koovs.com, 6.9 percent to 0.33 pounds, and British high-street retailer Bonmarché, 2 percent to 0.94 pounds.
Among the stocks that gained the most ground were Gemfields, 1.8 percent to 0.34 pounds and Moncler, 2.3 percent to 22.01 euros.