Tech, Central Bank Views Weigh on European Bourses Midday

06:48 AM EST, 11/28/2025 (MT Newswires) -- European bourses tracked marginally higher midday Friday as traders joined the global breather on AI-sector and interest-rate related gyrations.

Oil stocks led gains on largely muted continental trading floors.

Investors also eyed Wall Street futures modestly in the green, and mixed closes overnight on Asian exchanges.

In economic news, Switzerland's Q3 gross domestic product declined by 0.5% quarter over quarter, the Swiss State Secretariat for Economic Affairs reported.

Germany's October real retail sales rose by 0.9% year over year, but declined by a seasonally adjusted 0.3% month over month, Destatis reported.

The pan-continental Stoxx Europe 600 Index was up 0.1% mid-session.

The Stoxx Europe 600 Technology Index was down 0.1%, and the Stoxx 600 Banks Index was steady.

The Stoxx Europe 600 Oil and Gas Index gained 0.4%, while the Stoxx 600 Europe Food and Beverage Index was stable.

The REITE, a European REIT index, declined 0.1%, while the Stoxx Europe 600 Retail Index was up 0.1%.

On the national market indexes, Germany's DAX was steady, and the FTSE 100 in London gained 0.1%. The CAC 40 in Paris was up 0.2%, and Spain's IBEX 35 eased 0.2%.

Yields on benchmark 10-year German bonds were steady, near 2.7%.

Front-month North Sea Brent crude-oil futures were down 0.1% at $62.83 a barrel.

The Euro Stoxx 50 volatility index was down 2.6% at 17.47, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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