07:00 AM EST, 02/25/2025 (MT Newswires) -- European bourses tracked moderately higher midday Tuesday as traders weighed Eastern European turmoil, but solid outlooks for the continent's financial houses.

Property and bank stocks gained, while tech issues joined an Asian sell-off.

HSBC shares rose 2.5% midday after the London-based bank giant disclosed plans to issue a total of $1.5 billion in convertible perpetual bonds, to help fund rising demand for loans.

Investors also eyed Wall Street futures signaling red, and lower closes overnight on Asian exchanges.

Germany's Q4 gross domestic product (GDP) fell by a real 0.2% from Q3, reported Destatis. For the whole year of 2024, the nation's real GDP also fell by 0.2% on year.

The pan-continental Stoxx Europe 600 Index was up 0.2% mid-session.

The Stoxx Europe 600 Technology Index was off 1.6%, but the Stoxx 600 Banks Index gained 1.5%.

The Stoxx Europe 600 Oil and Gas Index was up 0.3%, but the Stoxx 600 Europe Food and Beverage Index inclined 0.1%.

The REITE, a European REIT index, rose 0.5%, and the Stoxx Europe 600 Retail Index inclined 0.1%.

On the national market indexes, Germany's DAX was up 0.1%, and the FTSE 100 in London was up 0.4%. The CAC 40 in Paris was flat, and Spain's IBEX 35 gained 0.9%.

Yields on benchmark 10-year German bonds were higher, near 2.48%.

Front-month North Sea Brent crude-oil futures were down 0.2% to $74.19 per barrel.

The Euro Stoxx 50 volatility index was up 2% to 17.28, 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.