LONDON – Europe’s major markets advanced in mid-morning trading on Tuesday, with the FTSE MIB in Milan leading the way.

The Italian market was up 0.4 percent to 22,516.36, followed by the DAX in Frankfurt and the CAC 40 in Paris, which both climbed 0.3 percent, to 13,108.01 and to 5,357.42, respectively. The FTSE 100 in London rose 0.1 percent to 7,424.38.

The euro traded at $1.17, while the pound fetched $1.31 at 10:40 a.m. CET.

Retail and luxury stocks were uneven, with the morning’s biggest gainers including Tesco, 4.8 percent to 1.86 pounds; Yoox Net-a-porter Group, 1.1 percent to 28.73 euros;, 1.6 percent to 1.95 pounds, and, 1.2 percent to 56.80 pounds.

Among the morning’s biggest fallers were Geox, 3.1 percent to 2.70 euros; Mulberry Group, 3.6 percent to 10.13 pounds; Unilever, 1.1 percent to 48.45 euros; Marks and Spencer Group, 1.2 percent to 3.11 pounds, and Next, 1 percent to 42.81 pounds.

Click Here for the WWD Global Stock Tracker >>

load comments
blog comments powered by Disqus