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London Shines Among European Stock Markets

Wochit 0:56 mins

The CAC 40 in Paris and the DAX in Frankfurt both edged down 0.1 percent to 4,281.50, and to 9,144.32 respectively, while the FTSE MIB in Milan fell 0.9 percent to 18,590.17. Up 0.3%, The FTSE 100 in London was the only European market to gain ground. The euro traded at $1.35, while the pound fetched $1.60, and the Swiss franc equaled $1.09 at 10:55 a.m. Retail and luxury stocks were also mixed, with the morning’s biggest gainers including Ferragamo, up 4.2 percent to 24.79 euros, after reporting a 41 percent spike in profits for the first nine months.

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