European shares climb, tech leads gains

European shares advanced in Wednesday early trade, driven by gains in the tech and basic resources sectors, as investors anticipated a key US inflation report that could offer insights into the Federal Reserve’s upcoming interest rate decision.

The pan-European STOXX 600 index increased by 0.56 per cent at 7:57 ET (11:57 GMT).

Germany’s DAX gained 0.34 per cent, France’s CAC 40 rose 0.28 per cent, and Switzerland’s SMI edged up 0.14 per cent. Meanwhile, London’s FTSE 100 saw a 0.14 per cent rise.

Attribution: Amwal Al Ghad English, data compiled from Investing.com, Reuters

Subediting: M. S. Salama