LONDON — Europe’s major indices were all on the rise Tuesday morning.
The CAC 40 in Paris and the FTSE MIB in Milan both rose 0.4 percent, to 4,239.79 and to 19,327.11 respectively. The DAX in Frankfurt gained 0.3 percent to 9,377.93, while the FTSE 100 in London was up 0.2 percent to 6,623.04.
Fashion and luxury stocks had a largely positive morning, too.
Risers included Hennes & Mauritz, 1.5 percent to 299.20 Swedish kronor; Esprit Holdings, 4.9 percent to 9.83 Hong Kong dollars; Tod’s, 1.8 percent to 71.40 euros; and Koovs, 3.7 percent to 1.40 pounds.
Henkel AG’s shares climbed 4.6 percent to 83.27 euros, as the German consumer goods firm raised its guidance for its adjusted full-year EBIT margin to just under 16 percent, though its net profit fell 4.1 percent in the third quarter to 450 million euros, or $597.1 million.
The few fallers included Richemont, 1.1 percent to 82.40 Swiss francs; Asos, 1.5 percent to 26.29 pounds; and Ted Baker, 1.3 percent to 20.45 pounds.
At 11:50 a.m. CET, the pound traded for $1.59, while the euro went for $1.25 and the Swedish krona for $0.14. The Swiss franc changed hands for $1.04 and the Hong Kong dollar for $0.13.