European equities traded cautiously on Friday as investors weighed renewed military exchanges between the United States and Iran alongside lingering concerns over artificial intelligence valuations.
The UK’s FTSE 100 gained 0.1%, while France’s CAC 40 and Germany’s DAX hovered close to flat as market sentiment remained subdued.
Eurozone government bond yields were little changed after a sharp sell-off in the previous trading session.
Among individual stocks, Careium AB jumped after the Swedish healthcare technology company reported a 24% year-on-year increase in second-quarter net sales.
Vodafone (LSE:VOD) also advanced sharply after UAE telecommunications group E& confirmed plans to sell its entire holding in the British operator to Vega.
Budget carrier EasyJet (LSE:EZJ) rallied after reaching an agreement in principle on the key financial terms of a £5.7 billion takeover proposal from U.S. private equity firm Apollo Global Management.
Recruitment company Hays (LSE:HAS) was another strong performer after forecasting full-year operating profit at the upper end of analysts’ expectations.
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