European Stocks Open Stable

European stocks showed stability at the start of trading today, Friday, as a decline in technology stocks following gloomy forecasts from software company SAP offset gains from energy companies tracking higher oil prices. The Stoxx 600 index remained at 463.72 points by 07:07 GMT and is heading for a slight gain of 0.6 percent for the week. Technology sector shares in Europe fell by 1.6 percent, making it the biggest loser among major sectors this week. Meanwhile, energy companies rose by 0.7 percent, supported by higher oil prices, as investors assessed the chances of more stimulus measures being announced in China.

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