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Global Rallies Nudge European Bourses Higher Midday
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Global Rallies Nudge European Bourses Higher Midday
Oct 27, 2025 4:57 AM

07:44 AM EDT, 10/27/2025 (MT Newswires) -- European bourses tracked modestly higher midday Monday as traders weighed the earnings season, and stock-market bull moves in the US and Asia.

Shares in Porsche were up 1.3% mid-session, after the German automaker's Chief Financial Officer Jochen Breckner said late Friday, "We expect 2025 to be the trough."

Banks and tech stocks led gainers on continental trading floors, while property, oil and food shares edged lower.

Investors also eyed Wall Street futures flashing green, and solidly higher closes overnight on Asian exchanges amid easing China-US trade tensions. Broad equity indices in Japan, South Korea and Taiwan struck fresh all-time record highs in Monday trades.

In economic news, the Germany business climate index posted at 88.4 in October, up from 87.7 in September, reported the Institute for Economic Research (Ifo) market research firm.

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

The Stoxx Europe 600 Technology Index was up 1.3%, and the Stoxx 600 Banks Index rose 0.8%.

The Stoxx Europe 600 Oil and Gas Index was off 0.4%, while the Stoxx 600 Europe Food and Beverage Index fell 0.7%.

The REITE, a European REIT index, declined 0.6%, while the Stoxx Europe 600 Retail Index was up 0.1%.

On the national market indexes, Germany's DAX was flat, and the FTSE 100 in London was up 0.1%. The CAC 40 in Paris was up 0.1%, and Spain's IBEX 35 rose 0.6%.

Yields on benchmark 10-year German bonds were higher, near 2.63%.

Front-month North Sea Brent crude-oil futures were down 0.5% at $64.48 a barrel.

The Euro Stoxx 50 volatility index was up 0.6% at 16.03, 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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