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June 20 (Reuters) - European shares opened higher on
Thursday, boosted by rising technology shares, with the focus
squarely on interest rate decisions by several central banks
across the region later in the day.
The pan-European STOXX 600 gained 0.3% as of 0713
GMT. Technology stocks led gains, rising 0.7%, with
construction and materials also rising 0.7%.
Lifting the tech index was ASMI, which jumped 4.1%
after Morgan Stanley upgraded the semiconductor equipment
manufacturer to "overweight" from "equal-weight".
Later in the day, central banks in England, Switzerland and
Norway are set to announce their monetary policy decisions. UK's
FTSE 100 rose 0.1%, while Switzerland's benchmark
edged 0.1% down.
Among other stocks, French food group Danone said
it is targeting annual sales growth between 3% and 5% over the
next four years. Its shares slipped 2.9% early on.
Tate & Lyle ( TATYF ) fell 6.5% after the British food
ingredients maker said it will buy U.S.-based CP Kelco for $1.8
billion from J.M. Huber Corporation. Its shares were also
trading ex-dividend.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Janane
Venkatraman
)