LONDON – Europe’s major stock markets were down in mid-morning trading on Friday, with the exception of the CAC 40 in Paris, which rose 0.1 percent to 5,018.72.

The DAX in Frankfurt eased 0.2 percent to 12,061.89, followed by the FTSE MIB in Milan and the FTSE 100 in London, both of which were down 0.1 percent to 20,080.62 and 7,411.75, respectively.

The euro traded at $1.07, the pound fetched $1.23 the Swiss franc equaled $1.00, while the Danish krone bought $0.14 at 10:50 a.m. CET.

Retail and luxury stocks were mostly down, with the morning’s biggest fallers including Gemfields, 4 percent to 0.44 pounds; Italia Independent Group, 2.1 percent to 4.38 euros; and Pandora, 2.2 percent to 793 kroner.

Among the few stocks to make modest gains were Tod’s, up 0.9 percent to 70.15 euros; J. Sainsbury, 0.7 percent to 2.70 pounds; and Carrefour, 0.7 percent to 21.75 euros.

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