European Stocks Surge with Technology, Real Estate, and Mining Leading the Charge

European stocks ended the week positively, driven by gains in technology, real estate, and mining sectors. The STOXX 600 index rose by 0.7%, while Germany's shares saw a significant boost. Investors are now focused on the U.S. Federal Reserve's upcoming meeting, anticipating a potential monetary easing.

European stocks rounded off the week on an optimistic note, buoyed by gains in technology, real estate, and mining shares. Investors are now looking ahead to the U.S. Federal Reserve's much-anticipated monetary easing at its meeting next week.

The pan-European STOXX 600 index appreciated by 0.7% to 515.75 points, and recorded a weekly gain of over 1%. German shares led the way with a nearly 1% rise, thanks to strong performances from Siemens Energy and SAP. Meanwhile, France's CAC 40 added 0.4% following a 2.2% year-on-year increase in consumer prices for August.

The technology and real estate sectors were the top performers, while mining shares climbed 1.3% as copper prices surged. The European Central Bank (ECB) recently cut its deposit rate and investors are now speculating on the scale of the U.S. Fed's rate cut next week. Key policymakers have expressed optimism about lower inflation and interest rates in the eurozone.

(With inputs from agencies.)