LONDON — European markets made modest gains in mid-morning trading on Friday, capping a roller-coaster week for shares following Britain’s vote to quit the European Union.
The FTSE 100 in London and the DAX in Frankfurt were up 0.4 percent, to 6,527.57 and to 9,716.81 respectively, followed by the FTSE MIB in Milan, 0.1 percent to 16,214.41. The CAC 40 in Paris was broadly flat at 4,236.91.
The euro traded at $1.11, while the pound fetched $1.33, and the Swiss franc equaled $1.02 at 10:20 a.m. CET.
Retail and luxury stocks were uneven, with the morning’s biggest gainers including Tod’s, 2.8 percent to 49.58 euros; Kering, 1.6 percent to 147.75 euros; Boohoo.com, 2.2 percent to 0.59 pounds, and Moncler, 1.6 percent to 14.37 euros.
Among the stocks that lost the most in mid-morning were Koovs.com, 2.8 percent to 0.52 pounds; Hugo Boss, 1.3 percent to 50.59 euros; Ted Baker, 2.1 percent to 23.78 pounds, and SuperGroup, parent of Superdry, 1.5 percent to 12.47 pounds.