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FinanceEuropean shares rise, SAP boosts tech stocks; Middle East tensions monitored
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European shares rose on Friday, July 24, 2026, recovering from their steepest one-day loss in two weeks in the previous session. The pan-European Stoxx 600 index edged 0.6% higher to 644.67, rising for the second consecutive week. The gains were driven by a boost in technology stocks, particularly from German software company SAP. Meanwhile, investors remained cautious as geopolitical tensions in the Middle East continued to be monitored closely. The market's positive performance reflects a rebound in investor sentiment amid ongoing global uncertainties.
Source report
BENGALURU — European shares rose on Friday (Jul 24), recovering after registering their steepest one-day loss in two weeks in the previous session.
- The pan-European Stoxx 600 index edged 0.6% higher to 644.67, rising for the second straight week.
- Technology stocks were lifted by gains in SAP, contributing to the broader market uptick.
- Investors remained watchful of developments in the Middle East.
Source: The Business Times
Source
The Business TimesWestern
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European shares gain as SAP lifts tech stocks; Middle East on watch