SAP is trading 4.4% up at €164.64 amid a strong rebound in technology and software shares.
- The move follows a broader risk-on rally driven by easing Middle East tensions, lower oil prices, and firmer U.S. futures.
- Software stocks are seeing a sector-wide boost fueled by strong cloud and AI-related earnings reports.
- The price action is attributed to broader market sentiment rather than any new company-specific news or announcements.