LONDON — Europe’s major stock markets were on the uptick in mid-morning trading on Friday, with the FTSE 100 in London leading the way.
The British market climbed 0.9 percent to 6,243.88, followed by the DAX in Frankfurt, 0.5 percent to 10,258.07, and the CAC 40 in Paris, 0.4 percent to 4483.56. The FTSE MIB in Milan rose 0.2 percent to 17,809.58.
The euro traded at $1.12, while the pound fetched $1.44, and the Swiss franc equaled $1.01 at 11:20 a.m. CET.
Retail and luxury stocks were mostly up, with the morning’s biggest gainers including Koovs.com, 13.5 percent to 0.54 pounds, after the company said earlier this week it planned to raise a further 3 million pounds in funding from the Indian newspaper publisher HT Media Ltd.
Safilo Group was up 1.6 percent to 7.05 euros; Jimmy Choo, 1.8 percent to 1.16 pounds; and Supergroup, owner of the Superdry brand, 1.6 percent to 14.53 pounds.
Among the few stocks that fell was the market newcomer Joules Group, 1.5 percent to 1.94 pounds, and Mulberry Group, 6.9 percent to 9.66 pounds.
