Chipmakers drive European shares higher [Reuters]
INFINEON TECHS AG S/ADR (IFNNY)
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Source: Reuters
Chipmakers drive European shares higher - Reuters 1 Min Read (For a live blog on European stocks, type LIVE/ in an Eikon news window) Nov 12 (Reuters) - European shares rose on Tuesday boosted by gains in chipmakers, while investors awaited a key speech by U.S. President Donald Trump for clues on a trade deal with China. The pan-European STOXX 600 index edged slightly higher by 0840 GMT, with technology stocks rising 0.3% rise. Investors are keenly awaiting a speech by Trump to the Economic Club of New York later in the day to look for any new word on the Sino-U.S. Phase one trade deal. Chipmakers took the spotlight, with Dialog Semiconductor jumping 5.2% after it lifted its gross and operating margin forecasts. Infineon Technologies gained 5.5% despite forecasting slower growth in the year ahead. German post and logistics group Deutsche Post DHL rose 3.3% after reporting an almost tripling of third-quarter operating profit and said it expected a strong fourth quarter. Reporting by Sr
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