FTSE up 0.32%; DAX down 0.07%; CAC 40 up 0.20% (Il Sole 24 Ore Radiocor) - Milan, 30 Aug - European shares opened mostly higher, extending yesterday's gains.

Investors awaited PCE price index data from the US - the Fed's preferred inflation gauge - due later today. The figure is likely to factor into expectations for interest rate cuts.

Meqnwhile, today France's preliminary EU-harmonized consumer price index for August showed an annual increase of 2.2%, down from 2.7% in July, according to the country's statistics office.

This follows Thursday's CPI reports from Germany and Spain, which indicated that inflationary pressure in both countries is easing.

Inflation figures from Italy and the eurozone are due later in the day.

In European stock market dealings most sectors were higher, with miners among the biggest advancers while tech stocks slid after yesterday's gains.

At 0733 GMT, the London FTSE 100 was was up 0.32% at 8,406 points, the Frankfurt DAX was down 0.07% at 18,889 points, the Paris CAC 40 up 0.20% at 7,656 points, while in Milan the FTSE MIB was up 0.16% at 32,246 points, and in Madrid the IBEX 35 was up 0.39% at 11,403 points.

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(RADIOCOR) 30-08-24 10:10:09 (0211) 5 NNNN