Major European equity markets are trading in a largely mixed fashion on Wednesday morning. Paris is bucking the trend with a decline, weighed down by losses in luxury goods groups Hermes and Kering.

The broad European Stoxx 600 index was up 0.03 percent to 620.11 at 11:03 CET. During the session, the index has traded within a range of -0.10 percent at its lowest and 0.10 percent at its highest.

On a sectoral basis, technology is performing best, up 0.91 percent, while healthcare follows as the second-best performer, also up 0.91 percent.

The worst performance is seen in consumer goods, down 1.20 percent, while energy is the second weakest, down 0.46 percent.

British insurer Standard Life is acquiring the UK operations of Aegon for 2 billion pounds. The consideration consists of a 15.3 percent stake in Standard Life and 750 million pounds in cash. Standard Life shares are up 0.8 percent.

Dutch semiconductor firm ASML reported first-quarter net profit 7.7 percent ahead of analyst expectations, while revenue was in line with consensus. The company raised its full-year revenue guidance to 36-40 billion euros, up from the previous 34-39 billion. Analysts had expected 38.08 billion. The stock is gaining 0.7 percent.

Luxury group Hermes International reported first-quarter net sales of 4.07 billion euros. This was 2.2 percent below analyst expectations and a 1.4 percent decrease compared to the same quarter last year. The stock is falling 8.3 percent.

Industry peer Kering reported first-quarter revenue of 3.57 billion euros, in line with consensus but representing a 6.4 percent decline against the same quarter last year. The stock is dropping 9.6 percent.

Danish insurer Tryg reported first-quarter profit before tax significantly higher than expected, while insurance revenue was in line with consensus. The stock is increasing 2.3 percent.

IndexLastToday, %YTD, %Time
Stoxx 600620.190.04%4.73%11:03:15
FTSE 10010 614.910.06%6.88%11:03:16
DAX24 080.590.15%-1.67%11:03:11
CAC 408 288.61-0.47%1.71%11:03:15
Sector Performance Stoxx 600:
Automobiles & Parts481.590.43%-8.26%11:03:15
Banks367.65-0.42%3.48%11:03:15
Basic Resources808.450.68%21.36%11:03:15
Chemicals1 217.420.00%9.93%11:03:15
Construction & Materials875.78-0.20%3.27%11:03:15
Oil & Gas537.53-0.42%32.85%11:03:15
Financial Services899.960.65%0.06%11:03:15
Food & Beverage622.85-0.06%0.03%11:03:15
Industrial Goods1139.600.06%6.67%11:03:15
Insurance507.58-0.39%-0.55%11:03:15
Media358.180.35%-10.20%11:03:15
Healthcare1 152.240.93%0.89%11:03:15
Technology872.830.94%4.33%11:03:15
Telecommunications300.28-0.31%17.35%11:03:15
Utilities567.65-0.26%15.90%11:03:15
Consumer Products939.68-1.19%-12.46%11:03:15
Retail469.220.21%-3.51%11:03:15
Travel & Leisure264.330.08%-5.76%11:03:15
Real Estate129.040.30%2.15%11:03:15
Source: Factset