07:40 AM EDT, 06/18/2024 (MT Newswires) -- European bourses tracked moderately higher midday Tuesday as traders regained footing, looked for values, and digested the changing political landscape of France and Europe. Overnight fresh record-highs on Wall Street aided sentiment.

Property, bank, and retail stocks led gainers, while food issues lagged.

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

An economic sentiment index for Germany rose to 47.5 in June 2024 from 47.1 in May, the highest since February 2022, reported ZEW.

The pan-continental Stoxx Europe 600 Index was up 0.5% mid-session.

The Stoxx Europe 600 Technology Index was up 0.6%, and the Stoxx 600 Banks Index gained 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, rose 0.9%, and the Stoxx Europe 600 Retail Index inclined 0.7%.

On the national market indexes, Germany's DAX was up 0.3%, and the FTSE 100 in London was up 0.3%. The CAC 40 in Paris was up 0.4%, and Spain's IBEX 35 gained 0.6%.

Yields on benchmark 10-year German bonds were higher, near 2.42%.

Front-month North Sea Brent crude oil futures were up 0.1% to $84.29 per barrel.

The Euro Stoxx 50 volatility index was down 4.8% to 18.96, again 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.