06:51 AM EST, 11/06/2025 (MT Newswires) -- European bourses tracked modesty lower midday Thursday as tech shares held steady, and traders mulled earnings reports.

The Bank of England is slated to announce a rate decision at 7 am ET, but pundits expect the central bank to hold its key policy interest rate at 4.00%.

Bank, retail and property stocks led gains on continental trading floors, while food shares lagged.

Shares in Legrand fell 10% midday after the French developer of electrical equipment for data-centers and other structures reported nine-month financial results below analyst expectations.

Investors also eyed muted Wall Street futures, but higher closes overnight on Asian exchanges as tech- and AI-shares rose.

In economic news, Norges Bank, the central bank of Norway, voted to hold its policy rate unchanged at 4.00%, citing persistent inflation and a balanced economic outlook.

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

The Stoxx Europe 600 Technology Index was flat, and the Stoxx 600 Banks Index gained 0.7%.

The Stoxx Europe 600 Oil and Gas Index eased 0.2%, while the Stoxx 600 Europe Food and Beverage Index lost 0.8%.

The REITE, a European REIT index, rose 0.5%, while the Stoxx Europe 600 Retail Index was also up 0.5%.

On the national market indexes, Germany's DAX was down 0.1%, and the FTSE 100 in London lost 0.4%. The CAC 40 in Paris was off 0.4%, but Spain's IBEX 35 lifted 0.2%.

Yields on benchmark 10-year German bonds were lower, near 2.67%.

Front-month North Sea Brent crude-oil futures were up 0.5% at $63.82 a barrel.

The Euro Stoxx 50 volatility index was down 0.8% at 17.74, 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.