07:07 AM EST, 02/26/2025 (MT Newswires) -- European bourses tracked moderately higher midday Wednesday on strong earnings reports, and as mining and resource issues rose on talk of a Washington-Kyiv deal on critical minerals in Ukraine.

Tech, food and retail stocks led broad rallies, although property issues lagged.

Anheuser-Busch InBev (AB InBev) shares rose 7.8% midday after the beverage house reported Q4 earnings above outlooks.

Germany's Munich Re advanced 5.3% mid-session. The giant reinsurer posted Q4 and 2024 black ink above expectations.

Investors also eyed Wall Street futures signaling green and largely higher closes overnight on Asian exchanges, including a 3.3% gain on Hong Kong's Hang Seng Index led by property- and tech-shares.

In economic news, consumer confidence in Germany is projected to fall to negative 24.7 in March from negative 22.6 in February, notching below expectations, reported market research firm GfK.

The pan-continental Stoxx Europe 600 Index was up 0.8% mid-session.

The Stoxx Europe 600 Technology Index was up 0.8%, and the Stoxx 600 Banks Index gained 1.1%.

The Stoxx Europe 600 Oil and Gas Index was up 0.7%, and the Stoxx 600 Europe Food and Beverage Index inclined 1%.

The REITE, a European REIT index, fell 0.2%, but the Stoxx Europe 600 Retail Index inclined 0.4%.

On the national market indexes, Germany's DAX was up 1.3%, and the FTSE 100 in London was up 0.6%. The CAC 40 in Paris was up 1.1%, and Spain's IBEX 35 gained 1%.

Yields on benchmark 10-year German bonds were lower, near 2.44%.

Front-month North Sea Brent crude oil futures were steady near $72.50 per barrel.

The Euro Stoxx 50 volatility index was down 3% to 17.24, 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.