Jan 22 (Reuters) - European shares opened higher on Monday, catching typically the tailwind from a new bounce on Walls Street that owned the benchmark S&P to a report peak in typically the previous session, whilst investors await the particular European Central Bank's policy decision by reason of this week.

The pan-European STOXX 600 index was up 0. 7%, since 0810 GREENWICH MEAN TIME (GMT), following a 1. five per cent decline last week.

The A.M BEST 500 index scaled a record high on Friday, typically the first in 2 yrs, fuelled by the rally in U. S. chipmakers and even heavyweight technology stocks and options.

Technology shares in the euro sector climbed 1. 2% on Monday.

Increasing the sector's gains, ASML Coalition gained 2. 2% after Bernstein upgraded the Dutch semiconductor BETFLIK ทั้งหมด equipment maker's score to "outperform" through "market-perform".

Investor focus has sharpened upon the ECB's financial policy decision, credited on Jan. twenty five, to ascertain typically the timing of fascination rate cuts from the central financial institution.

Among other movers, shares of Kindred jumped 16. 8% after French gaming company La Francaise des Jeux released a takeover offer you for its Euro online peer in a $2. eight billion deal. Los angeles Francaise's shares climbed nearly 5%.

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