1229 GMT - European software stocks gain after a turnaround in sentiment saw the sector surge in U.S. trade Monday. Software stocks are in recovery mode, with investors moving on from fears that artificial-intelligence agents would take business from the sector, XTB's Kathleen Brooks writes. A basket of European software stocks is 1.3% higher. German software giant SAP--the largest stock in Germany's DAX index--is 1.05% higher, while Wolters Kluwer gains 2.5%. Switzerland-based Temenos, which develops banking software systems used by wealth managers, jumps 5.15%. The stock benefits from a rating upgrade to Buy from analysts at Citi. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
April 14, 2026 08:30 ET (12:30 GMT)
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