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Tag: STX

TSX extends gains ahead of Fed minutes, Converge Technology jumps
Technology

TSX extends gains ahead of Fed minutes, Converge Technology jumps

Fed minutes awaitedConverge Technology jumps on strategic review updateNov 23 (Reuters) - Canada's main stock index rose on Wednesday, lifted by technology and financial shares, while investors kept a close watch on the U.S. Federal Reserve's policy meeting minutes.At 10:22 a.m. ET (1522 GMT), the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) was up 28.8 points, or 0.14%, at 20,248.81, hitting a new three-month high.The information technology sector (.SPTTTK) rose 0.9%, supported by a 25.8% jump in shares of Converge Technology Solutions (CTS.TO) after it commenced a strategic review process including evaluations on possibilities of a sale, merger or divesture.The financial sector (.SPTTFS) rose 0.5%.Investors now await details from latest U.S. rate-setting meeting, due...
European shares extend gain with technology in lead
Technology

European shares extend gain with technology in lead

Oct 18 (Reuters) - European shares advanced on Tuesday, building on the previous session's rally, driven by the historic reversal of Britain's fiscal plan, with investors keeping a watch on earnings reports to gauge the economic outlook.The region-wide STOXX 600 index (.STOXX) was up 0.5% by 0705 a.m. GMT, extending gains for a fourth straight session, led by technology stocks (.SX8P), with shares of chip makers such as ASML Holdings (ASML.AS) and BE Semiconductor (BESI.AS) up between 0.9% and 3%.Also, market sentiment was lifted by a report that the Bank of England was likely to delay the sale of billions of pounds of government bonds to encourage more stability in battered gilt markets.Register now for FREE unlimited access to Reuters.comRegisterWith central banks aggressively tighten...