07:36 AM EDT, 05/20/2024 (MT Newswires) -- European bourses tracked moderately higher midday Monday as traders migrated to resource issues and awaited developments on central bank monetary policies. Gold and copper prices traded near fresh zeniths.

Oil stocks gained, while most other sectors were muted.

Investors also eyed Wall Street futures signaling green, and higher closes overnight on Asian exchanges.

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

The Stoxx Europe 600 Technology Index was up 0.1%, and the Stoxx 600 Banks Index lost 0.1%.

The Stoxx Europe 600 Oil and Gas Index was up 0.6%, but the Stoxx 600 Europe Food and Beverage Index was flat.

The REITE, a European REIT index, was steady, but the Stoxx Europe 600 Retail Index inclined 0.1%.

On the national market indexes, Germany's DAX was up 0.4%, and the FTSE 100 in London was up 0.2%. The CAC 40 in Paris was up 0.5%, and Spain's IBEX 35 gained 0.2%.

Yields on benchmark 10-year German bonds were steady, near 2.51%.

Front-month North Sea Brent crude-oil futures were down 0.2% to $83.84 per barrel.

The Euro Stoxx 50 volatility index was up 2.4% to 12.43, still 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.