LONDON — Europe’s stock markets had an uneven start in trading Friday morning.
The FTSE MIB in Milan rose 0.5 percent to 18,876.60, while the CAC 40 in Paris gained 0.2 percent to 4,197.01.
The DAX in Frankfurt was flat at 9,248.84, while the FTSE 100 in London was down 0.2 percent to 6,622.78.
The varied performance came as a number of European countries reported their latest GDP figures. Germany’s Destatis agency reported that the economy was “stable in a difficult economic environment” in the third quarter, with its GDP edging up 0.1 percent compared to the previous quarter, and rising 1.2 percent compared to the same period last year.
France’s statistics agency Insee said Friday that the country’s GDP rose 0.3 percent in Q3, compared to Q2. But Italy’s National Institute of Statistics reported that the country’s GDP fell 0.1 percent in Q3 compared to the previous quarter, and 0.4 percent compared to a year ago, a second consecutive quarter of contraction which puts the country back into recession.
Fashion and luxury stocks were also varied.
Risers numbered Tod’s, 2.5 percent to 68.55 euros, as the firm recovered from sharp falls Thursday; Geox, 8.9 percent to 2.55 euros as the footwear firm said Thursday its sales rose 8.1 percent to 668.4 million euros, or $909 million, in the first nine months of 2014; and Tesco, 1.7 percent to 1.94 pounds.
Ferragamo gained 5.7 percent to 20.84 euros after the firm on Thursday reported revenues rose 5 percent to 957 million euros, or $1.29 billion, in the first nine months of 2014.
Fallers included French Connection, 1.2 percent to 0.51 pounds; Gemfields, 1.8 percent to 0.46 pounds; and Koovs, 3.2 percent to 1.50 pounds.
At 11:10 a.m. CET, the euro traded for $1.25 while the pound changed hands for $1.58.