European Shares Climb as Technology Stocks Lead Gains

European shares experienced a modest uptick on Wednesday, recouping losses from earlier in the week, as the financial world turned its gaze to the U.S. Federal Reserve's imminent announcement on monetary policy.

The pan-European STOXX 600 index rose by 0.1% to 551.56 points, buoyed by strength in the technology sector, notably with SAP and Prosus each rising around 2%. Market participants eagerly awaited the conclusion of the Fed's two-day policy meeting, widely anticipating a 25 basis-point interest rate cut amid signs of a weakening U.S. labour market.

Additionally, PostNL saw a significant 7.5% increase after revealing a strategic reorganization of its Parcels segment starting January 2026. Novo Nordisk also climbed 1.8%, following an upgraded rating to "Buy" by brokerage Berenberg.