LONDON ( The Deal) -- European stocks were mixed in morning trading on Wednesday, with markets said to be waiting for the latest Federal Reserve minutes to take a view on the timing of further tapering of U.S. market support. Banks and mining stocks were broadly stronger, but retail and the power sector were more uncertain.
 
In London, supermarket chain J. Sainsbury spiked in early trading on better-than-expected Christmas numbers, but then slipped suddenly when its finance director, John Rogers, told analysts that like-for-like results for the full year would likely have grown less than the 1%-1.5% predicted in November. The stock was falling 1.41% to 363.70 pence. Maternity wear and young children's playthings group Mothercare also plunged on a profit warning following poor Christmas trading. Mothercare was down just shy of 30% at 296.50 pence.
 
In Germany, the discounted share placement late Wednesday by private-equity owners Goldman Sachs and Kohlberg Kravis Roberts of a 10.8% stake in forklift truck maker Kion Group, saw that company's stock fall sharply. By late morning, it had recovered slightly, as analysts said a larger free-float would be good for the stock long-term. But was still down 1.9% at 30.17 euros.

In London, the FTSE 100 was down 0.35% at 6731.97, in Frankfurt the DAX was up 0.03% at 9508.86 and in Paris, the CAC40 was down 0.19% at 4255.
 
In Japan, the Nikkei 225 recovered from lows earlier in the week to close up 1.94% at 16121.45. Hong Kong also recovered 1.25% to 22,996.59.

More from Markets

Facebook's Investors Have a Big Day Ahead

Facebook's Investors Have a Big Day Ahead

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

The Global Stock Market Rout Spreads Across the World

The Global Stock Market Rout Spreads Across the World

Comcast Details $30 Billion Bid for Britain's Sky in Takeover Battle With Fox

Comcast Details $30 Billion Bid for Britain's Sky in Takeover Battle With Fox

Credit Suisse Shares Surge After Strong Q1, Record Wealth Management Inflows

Credit Suisse Shares Surge After Strong Q1, Record Wealth Management Inflows