--- title: "Tech, Oil Shares Lift European Bourses Midday" type: "News" locale: "en" url: "https://longbridge.com/en/news/286256353.md" description: "European bourses rose midday as tech shares rallied and oil stocks gained on tight crude market prospects. The Stoxx Europe 600 Index was up 0.3%, with the Technology Index rising 2% and Oil and Gas Index up 0.9%. In contrast, bank, food, and property stocks lagged. Eurozone industrial production increased 0.2% month-over-month in March, but fell 2.1% year-over-year. The Euro Stoxx 50 volatility index indicated above-average market volatility ahead. Germany's DAX rose 0.7%, while the FTSE 100 remained steady." datetime: "2026-05-13T11:39:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286256353.md) - [en](https://longbridge.com/en/news/286256353.md) - [zh-HK](https://longbridge.com/zh-HK/news/286256353.md) --- # Tech, Oil Shares Lift European Bourses Midday 07:39 AM EDT, 05/13/2026 (MT Newswires) -- European bourses tracked moderately higher midday Wednesday as continental traders joined the global tech-sector rally and as oil shares tracked higher on prospects for tight crude markets going forward. In contrast, bank, food and property stocks lagged in midday trading. Investors also eyed Wall Street futures flashing green amid higher closes overnight on Asian exchanges, including fresh zeniths on equity indices in Seoul and Tokyo. In economic news, seasonally adjusted industrial production in the eurozone gained 0.2% month over month in March and rose 0.8% in the broader EU, Eurostat reported. Year over year, industrial output fell 2.1% in the euro area and by 1% in the EU. The pan-continental Stoxx Europe 600 Index was up 0.3% mid-session. The Stoxx Europe 600 Technology Index rose 2%, while the Stoxx 600 Banks Index lost 0.2%. The Stoxx Europe 600 Oil and Gas Index rose 0.9%, while the Stoxx 600 Europe Food and Beverage Index declined 0.7%. The REITE, a European REIT index, fell 0.7%. On the national market indexes, Germany's DAX was up 0.7%, and the FTSE 100 in London was steady. The CAC 40 in Paris was down 0.4%, and Spain's IBEX 35 eased 0.2%. Yields on benchmark 10-year German bonds were higher, near 3.1%. Front-month North Sea Brent crude-oil futures were up 0.1% at $107.85 a barrel. The Euro Stoxx 50 volatility index was down 3.9% at 22.43, indicating above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited. ### Related Stocks - [XSER.UK](https://longbridge.com/en/quote/XSER.UK.md) - [CUKX.UK](https://longbridge.com/en/quote/CUKX.UK.md) - [SMEA.UK](https://longbridge.com/en/quote/SMEA.UK.md) - [ISF.UK](https://longbridge.com/en/quote/ISF.UK.md) - [IEUA.UK](https://longbridge.com/en/quote/IEUA.UK.md) - [VUKE.UK](https://longbridge.com/en/quote/VUKE.UK.md) - [EUN.UK](https://longbridge.com/en/quote/EUN.UK.md) - [VEUR.UK](https://longbridge.com/en/quote/VEUR.UK.md) - [ISFD.UK](https://longbridge.com/en/quote/ISFD.UK.md) - [L6EW.UK](https://longbridge.com/en/quote/L6EW.UK.md) - [L100.UK](https://longbridge.com/en/quote/L100.UK.md) - [VERX.UK](https://longbridge.com/en/quote/VERX.UK.md) - [MEUG.UK](https://longbridge.com/en/quote/MEUG.UK.md) ## Related News & Research - [LIVE MARKETS-Would peace boost European stocks?](https://longbridge.com/en/news/285704082.md) - [Euro zone bond yields fall as oil price softens on hopes of Middle East ceasefire](https://longbridge.com/en/news/280449713.md) - [UK inflation slows to 2.8% as energy price cap softens impact of rising fuel costs](https://longbridge.com/en/news/287014699.md) - [Why are Britons so fed up?](https://longbridge.com/en/news/286206105.md) - [UK bonds claw back losses as Starmer challenger fails to emerge](https://longbridge.com/en/news/286219986.md)