06:36 AM EST, 12/29/2025 (MT Newswires) -- European bourses tracked sideways midday Monday as traders weighed another round of Ukraine-Russia ceasefire negotiations, amid a general lack of market catalysts.

Property and tech stocks led mild gains on continental trading floors, while oil and retail shares were steady.

US President Donald Trump personally met with Ukrainian President Volodymyr Zelensky on Sunday in Florida, in a meeting that included phone calls with European and NATO leaders.

Investors also eyed Wall Street futures modestly flashing red, and mixed closes overnight on Asian exchanges.

The pan-continental Stoxx Europe 600 Index was steady mid-session.

The Stoxx Europe 600 Technology Index was up 0.5%, and the Stoxx 600 Banks Index gained 0.1%.

The Stoxx Europe 600 Oil and Gas Index was flat, while the Stoxx 600 Europe Food and Beverage Index inclined 0.1%.

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

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

Yields on benchmark 10-year German bonds were modestly lower, near 2.85%.

Front-month North Sea Brent crude oil futures were up 2% at $61.42 a barrel.

The Euro Stoxx 50 volatility index was up 10.8% at 15.56, but still indicates 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.