06:51 AM EST, 12/11/2025 (MT Newswires) -- European bourses tracked modestly higher midday Thursday as traders largely shrugged off a soft revenue report overnight from US tech giant Oracle (ORCL), and bought into industrial-sector equities.

Schneider Electric gained 3.3% intraday after the French industrial conglomerate issued an upbeat guidance and a share buyback program at an investor conference.

Retail and bank stocks led gains on continental trading floors, while property and tech shares lagged.

Investors also eyed Wall Street futures flashing red and lower closes overnight on Asian exchanges on tech-sector concerns.

In economic news, the Swiss National Bank left its key policy rate unchanged at 0%, citing forecasts that the nation will experience inflation well under 1% through 2027.

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

The Stoxx Europe 600 Technology Index was down 0.3%, and the Stoxx 600 Banks Index gained 0.5%.

The Stoxx Europe 600 Oil and Gas Index was flat, while the Stoxx 600 Europe Food and Beverage Index inclined 0.2%.

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

On the national market indexes, Germany's DAX was up 0.1%, and the FTSE 100 in London gained 0.2%. The CAC 40 in Paris was up 0.4%, as was Spain's IBEX 35.

Yields on benchmark 10-year German bonds were largely steady, near 2.85%.

Front-month North Sea Brent crude-oil futures were down 1.4% at $61.37 a barrel.

The Euro Stoxx 50 volatility index was down 6.1% at 15.18, 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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