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European shares gain as SAP lifts tech stocks; Middle East on watch

European shares saw a rise on Friday, recovering from previous losses. Investors reacted positively to select corporate earnings reports and oil price concerns. Germany's DAX index climbed as SAP's cloud backlog growth exceeded expectations. Higher oil prices did not boost energy stocks due to a drop in Neste's performance. Policymakers indicated potential interest rate hikes amid inflation risks.

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Economic TimesLean R·2h ago
European shares gain as SAP lifts tech stocks; Middle East on watch
European shares saw a rise on Friday, recovering from previous losses. Investors reacted positively to select corporate earnings reports and oil price concerns. Germany's DAX index climbed as SAP's cloud backlog growth exceeded expectations. Higher oil prices did not boost energy stocks due to a drop in Neste's performance. Policymakers indicated potential interest rate hikes amid inflation risks.
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European shares gain as SAP lifts tech stocks; Middle East on watch

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European shares gain as SAP lifts tech stocks; Middle East on watch

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