LONDON — Europe’s major markets were on the upswing on Thursday morning, with the CAC 40 in Paris leading the way.
The French market rose 0.4 percent to 5,240.24, followed by the FTSE MIB in Milan and the DAX in Frankfurt, which were both up 0.2 percent to 21,475.39 and to 12,652.18, respectively. The FTSE 100 in London was broadly flat at 7,419.72.
The euro traded at $1.14, while the pound fetched $1.29 and the Swiss franc equaled $1.04 at 10:45 a.m. CET.
Retail and luxury stocks were uneven, with the morning’s biggest gainers including Next, 1.9 percent to 36.86 pounds; Carrefour, 1.5 percent to 21.78 euros; Mulberry Group, 3.3 percent to 10.18 pounds; Marks and Spencer Group, 2 percent to 3.22 pounds; Adidas, 1 percent to 180.35, and Tesco, 1.2 percent to 1.73 pounds.
Among the stocks that lost the most ground were Joules Group, 1.3 percent to 3.00 pounds; Asos.com, 2.4 percent to 56.73 pounds, and Geox, 2.1 percent to 3.10 pounds.