LONDON — European stock markets edged down in midmorning trading on Thursday, with the DAX in Frankfurt leading the way.
The German market was down 1.2 percent to 10,501.23, followed by the CAC 40 in Paris, 0.2 percent to 16,747.94. The FTSE MIB in Milan eased 0.9 percent to 16,750.45. On Wednesday, a 6.2 magnitude earthquake hit central Italy, with the death toll climbing to 247 as of Thursday morning
The FTSE 100 fell 0.7 percent to 6,790.36.
The euro traded at $1.12, while the pound fetched $1.32 and the Swiss franc equaled $1.03 at 10:30 a.m. Central European Time.
Retail and luxury stocks were mostly down, with the morning’s biggest risers including Jimmy Choo, up 5.4 percent to 1.24 pounds after the company reported higher revenues, partly because of strength in China and burgeoning sales of men’s designs. The weakness of the pound since the Brexit vote had also helped boost the company’s figures.
Marks & Spencer Group plc was up 1.7 percent to 3.43 pounds, while French Connection climbed 1 percent to 0.46 pounds.
Among the stocks that fell the most were Koovs, down 5.7 percent to 58 pence. Debenhams and Zalando both retreated 2.2 percent, to 61 pence and to 34.69 euros, respectively.