Western shares rise upon Wall Street bounce; ECB decision in focus

Jan 22 (Reuters) – European stocks opened higher about Monday, catching the tailwind from some sort of bounce on Walls Street that went the benchmark S&P to a report peak in typically the previous session, although investors await the European Central Bank’s policy decision due this week.

The pan-European STOXX 600 index was up 0. seven percent, as of 0810 GREENWICH MEAN TIME (GMT), following a 1. five per cent decline last week.

The S&P 500 index scaled a record great on Friday, typically the first in 2 years, BETFLIK เข้าสู่ระบบ fuelled by the rally in U. S. chipmakers in addition to heavyweight technology stocks.

Technology shares inside the euro region climbed 1. 2% on Monday.

Increasing the sector’s gains, ASML Coalition gained 2. 2% after Bernstein better the Dutch semiconductor equipment maker’s rating to “outperform” by “market-perform”.

Investor interest has sharpened upon the ECB’s economic policy decision, credited on Jan. twenty-five, to ascertain typically the timing of curiosity rate cuts from the central bank.

Among other movers, shares of Kindred jumped 16. 8% after French gaming company La Francaise des Jeux introduced a takeover present for its Western online peer within a $2. 7 billion deal. Los angeles Francaise’s shares climbed nearly 5%.

(Reporting by Shristi Achar A in Bengaluru; Editing by Sherry Jacob-Phillips)

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