European bourses tracked moderately higher midday Friday as traders overlooked the global tech swoon and Persian Gulf turmoils, to seek value in oil and other sectors.
Bank, food and property stocks also led gains on continental trading floors, while tech shares lagged.
Additionally, investors shrugged off Wall Street futures in the red, and solidly lower closes overnight on Asian exchanges.
In economic news, the euro area seasonally adjusted Q1 gross domestic product (GDP) decreased by 0.2% from Q4 2025, and fell by 0.1% in the broader European Union, reported Eurostat. On year, the euro area Q1 GDP rose by 0.3%, and rose by 0.7% in the EU.
The pan-continental Stoxx Europe 600 Index was up 0.3% mid-session.
The Stoxx Europe 600 Technology Index was down 1.7%, but the Stoxx 600 Banks Index gained 0.3%.
The Stoxx Europe 600 Oil and Gas Index rose 0.4%, while the Stoxx 600 Europe Food and Beverage Index inclined 0.6%.
The REITE, a European REIT index, rose 0.4%.
On the national market indexes, Germany's DAX was up 0.2%, and the FTSE 100 in London gained 0.4%. The CAC 40 in Paris was up 0.5%, and Spain's IBEX 35 lifted 1.1%.
Yields on benchmark 10-year German bonds were higher, near 3.03%.
Front-month North Sea Brent crude oil futures were down 0.2% at $94.81 a barrel.
The Euro Stoxx 50 volatility index was down 1.7% at 18.33, 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.