LONDON — Europe’s major stock markets were uneven in midmorning trading on Monday, with the DAX in Frankfurt the only one to notch a modest gain.
The German market climbed 0.9 percent to 9,952.90, while the FTSE MIB in Milan and the CAC 40 in Paris were both down 0.9 percent to 17,565.61 and to 4,279.33, respectively. The FTSE 100 in London fell 0.4 percent to 6,115.24.
The euro traded at $1.13, while the pound fetched $1.44. The Swiss franc equaled $1.02, while the Danish krona traded at $0.15 at 10:30 am CET.
Retail and luxury stocks were mostly down, with the morning’s biggest fallers including Yoox Net-a-porter Group, 2.8 percent to 25.26 euros; The Swatch Group, 2.3 percent to 60.10 Swiss francs; Adidas, 3.1 percent to 109.90 euros, and Britain’s Bonmarche Holdings, 1.8 percent to 138.50 euros.
Among the few stocks to rise were Pandora, 2.4 percent to 971.50 Danish kronor; Tesco, 1.7 percent to 1.64 pounds; MySale Group, 1.7 percent to 0.59 pounds; French Connection Group, 4.1 percent to 0.38 pounds, and Geox, 2.3 percent to 2.81 euros.